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Synopsis
Teradyne, a provider of specialized equipment and software that tests electronics before they reach consumers, completed the acquisition of a 12% stake in Kinova, a company that specializes in the design and manufacturing of ultra-lightweight, collaborative robotic arms and components. Financial terms were not disclosed. The investment allows both companies to share intellectual property in "Physical AI" and motion planning. Kinova can leverage Teradyne's supply chain and global distribution, while Teradyne learns from Kinova's specialized lightweight hardware.
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