Teradyne (TER) just unveiled an update.
Teradyne, Inc. has made a strategic move by acquiring a 10% stake in Technoprobe for approximately $522 million, boosting its position in the market on May 27, 2024. This investment includes both newly issued shares and shares from Technoprobe’s controlling shareholder. Additionally, Teradyne completed the sale of its Device Interface Solutions business to Technoprobe for $85 million, indicating a reshaping of its business portfolio and a deepening of ties with Technoprobe.
See more data about TER stock on TipRanks’ Stock Analysis page.
