M&A Deal Summary |
|
|---|---|
| Date | 2008-01-24 |
| Target | Nextest Systems |
| Sector | Test/Measurement Equipment |
| Buyer(s) | Teradyne |
| Sellers(s) | Needham Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 325M USD |
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| Category | Company |
|---|---|
| Founded | 1960 |
| Sector | Test/Measurement Equipment |
| Employees | 5,500 |
| Revenue | 2.7B USD (2023) |
Teradyne is a supplier and producer of testing equipment. Teradyne's products are used to test semiconductors, wireless products, data storage and complex electronic systems which serve consumer, communications, industrial and government customers. Teradyne was formed in 1960 and is based in North Reading, Massachusetts. Teradyne was founded in 1960 and is based in North Reading, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 12 |
| Sector (Test/Measurement Equipment) | 3 of 6 |
| Type (Add-on Acquisition) | 7 of 12 |
| State (California) | 5 of 6 |
| Country (United States) | 7 of 11 |
| Year (2008) | 1 of 2 |
| Size (of disclosed) | 2 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-10-10 |
Teradyne Connection Systems
Nashua, New Hampshire, United States Teradyne Connection Systems (TCS) is a supplier of high-speed, high-density connectors, high-performance printed circuit boards and backplane interconnect systems. TCS sells its products primarily to the data communications, storage and server, wireless infrastructure and industrial markets. TCS has facilities in North America, Europe and Asia and employs approximately 2250 people. |
Sell | $390M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-11-17 |
Eagle Test Systems
Buffalo Grove, Illinois, United States Eagle Test Systems, Inc. is a supplier of production automated test equipment for the semiconductor industry. The company designs, manufactures and distributes test systems for the analog, mixed signal and wireless semiconductor markets. |
Buy | $250M |
| Category | Private Equity Firm |
|---|---|
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Needham Capital Partners is the private equity affiliate of mid-market investment bank Needham & Company. Needham Capital targets investments in clean technology, communications, consumer, financial services, healthcare, semiconductor, enterprise software/storage, networking, and industrial service companies. The Firm prefers to act as the lead investor and has a target investment size of $2 to $10 million. Investment proceeds are typically used to finance growth, or fund management buyouts/recapitalizations. Prospective companies are generally located in the US. Needham Capital Partners is based in New York City, with additional offices in Boston, Menlo Park, and San Francisco.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 55 |
| Sector (Test/Measurement Equipment) | 3 of 4 |
| Type (Add-on Acquisition) | 19 of 31 |
| State (California) | 21 of 29 |
| Country (United States) | 37 of 54 |
| Year (2008) | 1 of 3 |
| Size (of disclosed) | 1 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-11-05 |
Trinity Convergence
Durham, North Carolina, United States Trinity Convergence, Inc. is a Privately held company focused on developing comprehensive software solutions for the emerging VoIP and voice + video over IP (V2IP) communications equipment market. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-10-06 |
Ceon
Redwood City, California, United States Ceon Corp. designs and develops operation support systems (OSS) for the telecommunications industry. |
Sell | - |
