Business
Teradyne and MultiLane Announce Formation of Joint Venture, MultiLane Test Products
NORTH READING, Mass. & BEIRUT, January 29, 2026--Teradyne, Inc. (NASDAQ: TER), a leading provider of automated test equipment and advanced robotics, and MultiLane, a leading high-speed I/O test and measurement company, today announced an agreement to form a joint venture, MultiLane Test Products (MLTP). MLTP is being formed to serve the growing demand from the AI Data Center equipment market by accelerating the development of test solutions for critical high speed data connections. The transacti
About this update from Teradyne, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1800,"height":271,"url":"https://media.zenfs.com/en/business-wire.com/f73903b721c0b8e962add6cca00b0653"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/S0O4IJmUSrjwvIRMoeohcg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTE0NTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/f73903b721c0b8e962add6cca00b0653","width":960,"height":145},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/7mgKAx.xzrMJhrS9Wsgh.A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0zNjI7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/f73903b721c0b8e962add6cca00b0653","width":1200,"height":181}},"lazy":false},{"type":"text","content":"NORTH READING, Mass. & BEIRUT, January 29, 2026--(BUSINESS WIRE)--Teradyne, Inc. (NASDAQ: TER), a leading provider of automated test equipment and advanced robotics, and MultiLane, a leading high-speed I/O test and measurement company, today announced an agreement to form a joint venture, MultiLane Test Products (MLTP). MLTP is being formed to serve the growing demand from the AI Data Center equipment market by accelerating the development of test solutions for critical high speed data connections. The transaction is expected to close in the first half of 2026 and is subject to customary closing conditions.","length":618,"tagName":"p"},{"type":"text","content":"MultiLane will contribute all the assets related to its test and measurement business to the joint venture while maintaining its existing businesses for interconnects and data center test solutions. The joint venture will benefit from Teradyne’s global electronics test market reach and MultiLane’s expertise in high-speed instrumentation, enabling MLTP to deliver differentiated, comprehensive, and agile test solutions to its customers. Under the agreement, Teradyne will be the majority owner, with MultiLane maintaining minority ownership.","length":543,"tagName":"p"},{"type":"text","content":""Compute architectures are evolving quickly, driven by explosive growth in AI and the need for massive, reliable high‑speed interconnects. With the creation of MultiLane Test Products, we can expand our ability to support Teradyne customers all the way from the wafer level to the data center," said Greg Smith, President and CEO of Teradyne. ...