Teradyne completes acquisition of LitePoint

“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.