Teradyne Completes Acquisition of LitePoint
By Rick Nelson, editor, October 2011
Teradyne Inc. announced that it has completed the acquisition of LitePoint Corp., a provider of wireless test solutions for makers of modules and consumer electronic products including smart phones, tablets, and PCs.
“LitePoint adds a powerful new growth engine to Teradyne’s portfolio of market leading test solutions," said Mike Bradley, president and CEO of Teradyne. “This acquisition will expand our served market by nearly $1B and will extend our reach further into the fast-growing wireless test sector. We are pleased to join forces with LitePoint and help accelerate their growth in this exciting market."
LitePoint is a Silicon Valley company founded in 2000 whose products are designed for development and high-volume manufacturing environments. Over its 11 year history, LitePoint products have been used to optimize and verify the operation of over one billion wireless devices worldwide.
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