Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts.

[2] Teradyne was founded by Alex d'Arbeloff and Nick DeWolf, who were classmates at the Massachusetts Institute of Technology (MIT) in the late 1940s.

The men founded Teradyne in 1960, and set up shop in rented space above Joe and Nemo's hotdog stand in downtown Boston.

d'Arbeloff and DeWolf knew that testing electronic components in high-volume production would reach a bottleneck, unless the tasks performed by technicians and laboratory instruments could be automated.

Their business plan involved a new breed of "industrial-grade" electronic test equipment, known for its technical performance, reliability and economic payback.

The company acquired Megatest Corporation, which expanded its Semiconductor Test group to include smaller and less expensive testers than had been currently available.

GenRad's Diagnostic Solutions, which made test equipment for the automotive manufacturing and service industries, became a separate product group for Teradyne.

In 2006, Teradyne sold its two Boston buildings and consolidated all of its Boston-area staff to its current site in North Reading, Massachusetts.

The following year, it acquired LitePoint Corporation, a leading provider of test instruments for use with wireless products, such as laptops PCs, tablets, home networking and cell phones.

[citation needed] 1993 - Teradyne receives $63 million order from Deutsche Telekom for 4TEL telecommunications test systems, a record for the company.

Major product families in the system test business include: TestStation, Spectrum Series, High-Speed Subsystem, Neptune, Saturn and Titan.

UR cobots automate tasks including machine tending, packaging, gluing, painting, polishing and assembling parts.

The cobots are deployed in the automotive, food and agriculture, furniture and equipment, metal and machining, plastics and polymers, and pharma and chemicals industries.

[clarification needed] These robots are currently used in the transportation, healthcare, pharmaceutical, metal and plastics, fashion, technology and food industries.

Energid specializes in the control and simulation of complex robotic systems, and is used in the aerospace, agriculture, manufacturing, transportation, defense and medical industries.