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.
Teradyne, Inc. acquired Mobile Industrial Robots (MiR) of Odense, Denmark for €121 million net of cash, plus up to €101 million in earn-outs. MiR is a leading supplier of collaborative autonomous mobile robots for industrial applications.
Teradyne acquired Energid, a Cambridge, MA-based integrator and developer of robot control, simulation and machine vision software. The purchase price was not disclosed. Energid will continue to operate as a separate company.
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.