Teradyne's cash net acquisition of 121 million euros to acquire MiR, a leader in collaborative mobile industrial robotics

Teradyne and shareholders of Mobile Industrial Robots (MiR) recently announced that the privately-held company MiR in Odense, Denmark, will have a net cash purchase of 121 million euros (US$148 million). In addition, if it reaches 2020, it will achieve certain results. The target will also add another 101 million euros.

MiR is a leading supplier of collaborative autonomous mobile robots (AMRs) that primarily serve industrial applications. In the logistics system of the professional service robot market with a value of approximately US$1.1 billion, the AMR market, as a new category within this segmented logistics market, is expected to grow rapidly in the coming years.

Teradyne president and chief executive officer Mark Jagiela said: “We are very happy to have MiR join the ranks of Teradyne's ever-growing range of advanced, intelligent, and automated products. In the emerging but fast growing AMR market, MiR is With the role of a market leader, like the Cooperative Robots of Universal Robots, MiR Cooperative Autonomous Mobile Robots have reduced the threshold for gradual automation of operations for companies of all sizes, eliminating the need for professional operators or re-planning their existing ones. Workflow: Based on this, coupled with rapid return on investment, we will work together to open up a broader new automation market, and we also look forward to further expanding MiR through Teradyne’s global capabilities, in accordance with the proven path of development by UOne Robot. Market coverage."

MiR CEO Thomas Visti

MiR actually made a profit in 2017. Its annual revenue is 12 million U.S. dollars, which is three times higher than 2016 revenue, and it achieved sales of 5 million U.S. dollars in the first quarter of 2018.

MiR Headquarters Robotics Equipment

MiR CEO ThomasVisti said: "To join the Teradyne family will further promote our engineering and R&D investment, which will provide greater value to our customers and will further expand our market in the industrial autonomous mobile robot field. Leading position: Teradyne has a wide range of global coverage, world-class engineering and support capabilities, financial strength, and proven business development model that can fully leverage these advantages, will help us in new global markets and existing markets Achieve growth in China."

Teradyne President and Chief Executive Officer Mark Jagiela

“My main task is to get our mobile robots to the world,” said NielsJulJacobsen, founder and chief strategy officer of MiR. “With Teradyne as our company owner, we can get strong support to ensure that MiR is global The market continues to grow."

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