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Electronics Production |

Teradyne completes acquisition of LitePoint

Teradyne has completed the acquisition of LitePoint Corporation, a provider of wireless test solutions.

“LitePoint adds a powerful new growth engine to Teradyne’s portfolio of market leading test solutions," said Mike Bradley, President and CEO of Teradyne. “This acquisition will expand our served market by nearly $1B and will extend our reach further into the fast-growing wireless test sector. We are pleased to join forces with LitePoint and help accelerate their growth in this exciting market." LitePoint is a Silicon Valley company founded in 2000 whose products are designed for development and high-volume manufacturing environments. Over its 11 year history, LitePoint products have been used to optimize and verify the operation of over one billion wireless devices worldwide.

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March 28 2024 10:16 am V22.4.20-1
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