Teradyne to acquire AutoGuide Mobile Robots for $58M net

Teradyne is acquiring AutoGuide Mobile Robots for $58 million net of cash acquired, with potential additional payments of up to $107 million based on performance targets through 2022. The deal is expected to close in Q4 2019.

“Teradyne will pay $58 million net of cash acquired for AutoGuide. The price of the acquisition could increase another $107 million if AutoGuide meets performance targets through 2022.”therobotreport.com

• 1 source
• therobotreport.comTeradyne acquiring AutoGuide Mobile Robots for $58MSteve CroweOct 21, 2019

Summarized from public sources; check the original articles before acting on it.