News
NORTH READING, MA -- After spending much of the past two years divesting its non-core operations, Teradyne jumped back into acquisition mode, agreeing to buy Nextest Systems in a cash-for-stock deal.
Teradyne will pay about $325 million, and closing is expected in the March quarter, pending Nextest shareholder and antitrust approvals.
Teradyne will pay about $325 million, and closing is expected in the March quarter, pending Nextest shareholder and antitrust approvals.
NASHUA, NH -- A Teledyne Technologies subsidiary will buy IR detector maker Judson Technologies. Financial terms were not disclosed.
The deal is expected to close by Feb. 1.
Judson had 2006 sales of $13.8 million.
The deal is expected to close by Feb. 1.
Judson had 2006 sales of $13.8 million.
TOKYO -- Panasonic Electronic Devices Co. will consolidate its eight subsidiaries in Japan and establish Panasonic Electronic Devices Japan Co. on April 1, the company announced today.
Panasonic Electronic Devices has several subsidiaries, each managed autonomously. The new structure will enable the group to take advantage of the strengths of each subsidiary, including "black-box" technologies and manufacturing skills.
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