Massachusetts based automated test equipment (ATE) and advanced robotics provider Teradyne Inc has acquired TestInsight to accelerate the development of test solutions on company’s platforms.
This deal has been done in order to enable faster and more efficient time to ramp for complex AI devices, according to the company.
The acquired company is a provider of semiconductor test development, validation, and conversion software, widely used across the industry.
According to Teradyne, this acquisition will help them support customer design-in activities and accelerate time to market for the emerging AI and data center markets. The company will combine TestInsight’s pattern conversion, validation, and virtual test capabilities with their ATE platforms.
The customers will benefit from a design-to-test workflow that reduces debug cycles, improves coverage, and enables earlier test program readiness.
The Company did not disclose any deal value of the acquisition in the intimation notice.
“TestInsight is a trusted partner in the industry, and their tools are foundational to modern test program development,” said Greg Smith, president and CEO of Teradyne.
“Our mission has always been to close the gap between design and test,” said Meir Gellis, CEO and founder of TestInsight.
