Teradyne Inc
NASDAQ:TER
TER's latest stock split occurred on Sep 1, 1999
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
The adjusted shares began trading on Sep 1, 1999. This was TER's 4th stock split, following the previous one in Aug 30, 1995.
WKSP
NAYA
300803
WKHS
Teradyne Inc
Glance View
Founded in 1960, Teradyne Inc. emerged from a humble beginning with an ambitious vision to revolutionize the testing equipment industry. The company found its niche in manufacturing automatic test equipment, a crucial component for the electronics and semiconductor industry. It thrived by creating sophisticated systems designed to test semiconductors, wireless products, and other electronic devices, ensuring quality and performance in an industry where precision is critical. With Boston as its headquarters, Teradyne leveraged the burgeoning technological climate to expand its capabilities, evolving in step with rapid advancements in electronics and providing essential quality assurance tools. As technology evolved, so too did Teradyne, venturing into the realm of industrial automation. Acquiring companies like Universal Robots and Mobile Industrial Robots, Teradyne diversified its portfolio significantly. This strategic shift enabled it to tap into the robotic automation market, particularly in collaborative robots ("cobots") designed to work alongside humans in manufacturing and distribution settings. By marrying their traditional strengths in test equipment with cutting-edge robotic automation, Teradyne now profits from both testing and automation solutions, establishing itself as a key player in industries that hinge on innovation, reliability, and the seamless integration of technology into manufacturing processes.
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