Teradyne, a supplier of test solutions, is set to make an equity investment of approximately $516 million in Technoprobe. This investment will secure a 10 percent ownership interest for Teradyne in Technoprobe.
In return, Technoprobe will acquire Teradyne’s Device Interface Solutions business for $85 million. These agreements mark a strategic alignment of resources and capabilities to better address the evolving needs of the semiconductor industry.
The collaboration will also extend to joint development projects, allowing both companies to pool their expertise and technological prowess. Importantly, both Teradyne and Technoprobe remain committed to maintaining an “open ecosystem” approach, permitting customers to select their preferred interface and tester supplier. This approach ensures a seamless and flexible experience for semiconductor manufacturers and test system developers.
Greg Smith, CEO of Teradyne, expressed his enthusiasm for the partnership, saying, “Technoprobe has great products and has made important investments to align with the trends that are driving the market. Our equity investment and joint development projects reflect our confidence in Technoprobe to create value for customers through innovative interface solutions for the interface market.”