Stock News Buzz: Teradyne (NASDAQ:TER)

On Friday, Teradyne (NASDAQ:TER) stock traded volume of 0 shares during its last trading session as compared to its average volume of 2382099 shares over the recent month. TER ended its day with the up stream along the move of 1.83% and closed at the price of $66.77 before opening at $66.32. It has total market capitalization is $11189182497.52 week range of the stock remained $ 28.73 – 67.2 while its day lowest price was $66.05 and its hit its day highest price at $67.2.

On Nov. 14, 2019, Teradyne (NASDAQ:TER) disclosed that it has completed the acquisition of AutoGuide Mobile Robots, a leading supplier of high payload autonomous mobile robots (AMRs). AutoGuide’s advanced products deliver easy deployment, improved safety, reduced costs and increased efficiency of industrial and warehouse material-handling operations.

AutoGuide’s safe, high-payload AMRs for the global forklift market provide a powerful, additional growth engine to Teradyne’s Industrial Automation group, said Mark Jagiela, President and CEO of Teradyne. We are happy to welcome AutoGuide to Teradyne and look forward to helping expand their product lineup and accelerate their global growth plans.

Rob Sullivan, President and CEO of AutoGuide, said, Joining Teradyne gives us the resources and support to both strengthen our capabilities in North America and expand our reach globally to assist customers who need safe, productive and high-payload material-handling products. Since announcing the acquisition in October, we’ve heard from many potential customers who recognize the flexibility, ease of deployment and superior ROI of our AMRs compared with other options and are eager to engage with AutoGuide to learn more.

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