Semiconductor test gear maker Teradyne to buy $300 million stake in FormFactor
NEW DELHI: Automated test equipment vendor Teradyne has agreed to make a $300 million strategic equity investment in semiconductor test and measurement provider FormFactor as part of a technology collaboration, according to a joint statement released recently.
Under the terms of the agreement, Teradyne will purchase shares of FormFactor common stock, subject to customary closing conditions and regulatory approvals.
The broad collaboration aims to accelerate the development, validation, and high-volume production deployment of next-generation semiconductor devices across global supply chains.
