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SMT & Inspection | February 23, 2007

Teradyne acquires Mosaid's test technology

Test- and measurement company Teradyne Inc. acquires Canadian Mosaid'd test technology.
According to EETimes the transaction is expected to close in March, 2007 and Teradyne expects to immediately expense a substantial portion of the $17 million purchase price to in-process research and development. A small number of Mosaid employees are also expected to join Teradyne when the transaction is complete.

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