# Teradyne to acquire Universal Robots for $285 million

Teradyne announced it has signed a definitive agreement to acquire Universal Robots, a Danish collaborative robot manufacturer, for $285 million net of cash acquired, plus up to $65 million in earn-outs. The acquisition is expected to close in the second quarter of 2015.

- Type: Acquisition
- Announced: 2017-11-30
- Where: Denmark
- Value: $285.0M
- Status: announced
- Products: collaborative robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Teradyne](https://endata.com/companies/17951.md) (acquirer)
- [Universal Robots](https://endata.com/companies/17952.md) (target)

## Sources

- [universal-robots.com](https://www.universal-robots.com/news-and-media/news-center/teradyne-inc-acquires-universal-robots/), 2017-11-30: "Teradyne, Inc. and the shareholders of Universal Robots today announced they have signed a definitive agreement under which Teradyne will acquire privately held Universal Robots, the Danish pioneer of collaborative robots, for $285 million net of cash acquired plus $65 million if certain performance"
- [universal-robots.com](https://www.universal-robots.com/fr/actualites-et-medias/centre-d-actualites/teradyne-and-universal-robots-announce-agreement-for-teradyne-to-acquire-universal-robots-leader-in-collaborative-robots/), 2018-01-11: "Teradyne, Inc. and the shareholders of Universal Robots today announced they have signed a definitive agreement under which Teradyne will acquire privately held Universal Robots for $285 million net of cash acquired plus $65 million if certain performance targets are met."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.