# Teradyne acquires Mobile Industrial Robots for $272M

Teradyne acquired Danish company Mobile Industrial Robots (MiR) for $148 million upfront, with an additional $124 million in milestone payments. MiR manufactures autonomous mobile robots and tripled revenue in 2017.

- Type: Acquisition
- Announced: 2018-04-26
- Where: Denmark
- Value: $272.0M
- Status: completed
- Products: autonomous mobile robots, MiR200
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Teradyne](https://endata.com/companies/17951.md) (acquirer)
- [Mobile Industrial Robots](https://endata.com/companies/18555.md) (target)

## Sources

- [therobotreport.com](https://www.therobotreport.com/teradyne-acquires-mir-272m/), 2018-04-26: "We are excited to have MiR join Teradyne’s widening portfolio of advanced, intelligent, automation products."

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