Teradyne (TER) announced it has entered into a definitive agreement to acquire privately held Quantifi Photonics, a company in photonic IC testing. The acquisition is expected to close in the second quarter of 2025, subject to customary closing conditions and regulatory approval. This acquisition will enable Teradyne to deliver scalable photonic integrated circuit test solutions. PIC technology is leveraging wafer-based manufacturing, multi-die integration, and advanced packaging with high-speed I/O interfaces to enable the rapidly evolving high-performance Compute market to support AI workloads.
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- Teradyne price target lowered to $140 from $150 at Baird
- Teradyne Earnings Call: Mixed Signals with Growth Prospects
- Teradyne price target lowered at Cantor Fitzgerald, selloff ‘not a surprise’
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