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Teradyne and Universal Robots Announce Agreement for Teradyne to Acquire Universal Robots, Leader in Collaborative Robots

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NORTH READING, Mass. & ODENSE, Denmark--(BUSINESS WIRE)--Teradyne, Inc. (NYSE:TER) and the shareholders of Universal Robots (UR) today announced they have signed a definitive agreement under which Teradyne will acquire privately held Universal Robots, the Danish pioneer of collaborative robots, for $285 million net of cash acquired plus $65 million if certain performance targets are met extending through 2018. The acquisition has been approved by the Board of Directors of each company and is ex

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