Teradyne Buys Eagle Test Systems

Teradyne Inc. (NYSE: TER) has completed its $360 million, or $15.65 per share, acquisition of Eagle Test Systems Inc. (Nasdaq: EGLT), Mundelein, Ill.-based provider of automated test equipment for the semiconductor manufacturing industry. ETS went public in 2006, and still counted private equity backer TA Associates among its significant shareholders.

17 November 2008•2 mins read
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