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New Deal


Announced

Teradyne to acquire a 10% stake in Technoprobe for $516m.

Financials

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Transaction Value£416m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Public

Pending

Friendly

electronics manufacturer

Italy

Acquisition

Electronic Components and Equipment

Minority

Single Bidder

Synopsis

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Teradyne, a supplier of automated test solutions, agreed to acquire a 10% stake in Technoprobe, a company specializing in the design and production of probe cards, for $516m. "We're excited to work with Technoprobe as the unique advantages of their interface technology help unlock the superior scalability of our testers to deliver greater benefit for our customers. 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 our shareholders and customers through innovative interface solutions for the growing interface market," Greg Smith, Teradyne CEO.

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