August 17, 2000
* Boston-based Teradyne Inc., a maker of semiconductor testing products, has agreed to buy Synthane Taylor of La Verne and Herco Technology of San Diego in a bid to expand its printed circuit board processing capacity. Terms of the deals were not disclosed. Herco is a maker of printed circuit boards, while Synthane makes printed circuit laminates, which it supplies to Herco.
June 26, 2000 |
Teradyne Inc. is the world's biggest maker of semiconductor-testing equipment, but it's Teradyne's investors who are going through the wringer lately. The Boston-based company, whose largest plant is in Agoura Hills in the Conejo Valley, had enjoyed a surging stock price until early May.
August 30, 1996 |
Teradyne to Take Pretax Charge, Cut 300 Jobs: The Boston-based maker of automatic test equipment and connection systems for the electronics and telecommunications industries said it will take a pretax charge of as much as $12 million in the second half of the year to eliminate 300 jobs, because of slower sales in the semiconductor industry. Teradyne Inc. said the charge, which will pay for an extended benefits package, will range from $10 million to $12 million, or 7 cents to 8 cents a share.
September 7, 1995 |
Teradyne to Acquire Megatest: The Boston-based test-equipment maker said it will buy Megatest Corp., a San Jose-based maker of semiconductor testing equipment, for about $245 million in stock. As part of the deal, each Megatest shareholder will receive between 0.8333 and 0.9091 Teradyne Inc. share for each share of Megatest. News of the deal sent Megatest stock soaring 33%, rising $8 to close at 32.25 a share in Nasdaq trading. Teradyne was unchanged at $39.
October 12, 1993 |
Camarillo-based Vitesse Semiconductor Corp. says it has started shipping large quantities of its gallium-arsenide timing chips to Teradyne Inc. in Agoura Hills. The units will be used in devices that test newly-produced semiconductors. Bob Nunn, a Vitesse vice president, declined to place a dollar amount on the deal, but predicted that it and similar sales will prove "quite significant" for the Camarillo firm.
March 25, 1990 |
The computer industry has been slumping for a year now. But Gary Cheek, engineering manager at a state-of-the-art semiconductor plant here, has a dream: a whole new manufacturing plant to match two already in operation. The cost? A cool $100 million. It's not as unrealistic as it sounds, because computer companies are not the firm's only market. Cheek's company, Analog Devices Inc.