Teradyne Acquires Danish Robotics Company MiR for $148 Million

Published by , April 30, 2018 1:37 pm

(TechCrunch) Teradyne has acquired the Danish robotics company MiR for $148 million, with $124 million on the table after meeting performance goals. “My main focus is to get our mobile robots out to the entire world,” said MiR CSO and founder Niels Jul Jacobsen in the press release announcing the acquisition. “With Teradyne as the owner, we will have strong backing to ensure MiR’s continued growth in the global market.”
MiR’s robots are for the warehouse sort–wheeled autonomous fellows that can lift and pull pallets, boxes and so on. It’s a natural fit for Teradyne, especially with the latter’s recent purchase of the well-known Universal Robotics in a $350 million deal in 2015.