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Teradyne and Infineon Announce Strategic Partnership to Advance Power Testing

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Teradyne (NASDAQ:TER) and Infineon Technologies have announced a strategic partnership to advance power semiconductor testing. The agreement includes Teradyne's acquisition of Infineon's automated test equipment team in Regensburg, Germany, comprising 80 employees.

Through this partnership, Teradyne will enhance its ETS product portfolio and accelerate its roadmap in the power semiconductor segment. The acquisition provides mutual benefits: Teradyne gains additional resources and expertise while collaborating with a key market leader, while Infineon secures continued manufacturing support and enhanced flexibility for specialized test equipment needs.

The partnership will focus on advancing test capabilities for new technologies like silicon carbide and gallium nitride, addressing dynamic test challenges at scale. Teradyne has committed to maintaining and building upon the capabilities of the Regensburg team as part of its Power Semiconductor business unit.

Teradyne (NASDAQ:TER) e Infineon Technologies hanno annunciato una partnership strategica per avanzare nel settore del testing dei semiconduttori di potenza. L'accordo prevede l'acquisizione da parte di Teradyne del team di attrezzature di test automatizzate di Infineon a Regensburg, in Germania, composto da 80 dipendenti.

Attraverso questa collaborazione, Teradyne migliorerà il proprio portafoglio di prodotti ETS e accelererà la propria roadmap nel segmento dei semiconduttori di potenza. L'acquisizione offre benefici reciproci: Teradyne guadagna risorse ed expertise aggiuntive collaborando con un leader di mercato chiave, mentre Infineon ottiene un continuo supporto alla produzione e maggiore flessibilità per le necessità di attrezzature di test specializzate.

La partnership si concentrerà sull'avanzamento delle capacità di test per nuove tecnologie come carburo di silicio e nitruro di gallio, affrontando le sfide dei test dinamici su larga scala. Teradyne si è impegnata a mantenere e sviluppare le capacità del team di Regensburg come parte della sua unità di business dedicata ai semiconduttori di potenza.

Teradyne (NASDAQ:TER) e Infineon Technologies han anunciado una asociación estratégica para avanzar en las pruebas de semiconductores de potencia. El acuerdo incluye la adquisición por parte de Teradyne del equipo de equipos de prueba automatizados de Infineon en Regensburg, Alemania, que consta de 80 empleados.

A través de esta asociación, Teradyne mejorará su cartera de productos ETS y acelerará su hoja de ruta en el segmento de semiconductores de potencia. La adquisición ofrece beneficios mutuos: Teradyne obtiene recursos y experiencia adicionales al colaborar con un líder clave en el mercado, mientras que Infineon asegura un soporte continuo de fabricación y una mayor flexibilidad para las necesidades de equipos de prueba especializados.

La asociación se centrará en avanzar en las capacidades de prueba para nuevas tecnologías como carburo de silicio y nitrógeno de galio, abordando los desafíos de pruebas dinámicas a gran escala. Teradyne se ha comprometido a mantener y ampliar las capacidades del equipo de Regensburg como parte de su unidad de negocio de semiconductores de potencia.

Teradyne (NASDAQ:TER)Infineon Technologies는 전력 반도체 테스트를 발전시키기 위한 전략적 파트너십을 발표했습니다. 이 협정에는 독일 레겐스부르크에 있는 Infineon의 자동 테스트 장비 팀 80명을 인수하는 Teradyne의 승인이 포함되어 있습니다.

이 파트너십을 통해 Teradyne은 ETS 제품 포트폴리오를 강화하고 전력 반도체 분야에서 로드맵을 가속화할 것입니다. 인수는 상호 이익을 제공합니다: Teradyne은 주요 시장 리더와 협력하면서 추가 리소스와 전문 지식을 얻고, Infineon은 특수 테스트 장비 요구에 대한 지속적인 제조 지원과 향상된 유연성을 확보합니다.

파트너십은 실리콘 카바이드 및 질화 갈륨과 같은 새로운 기술의 테스트 기능을 발전시키는 데 초점을 맞출 것입니다. Teradyne은 전력 반도체 사업부의 일환으로 레겐스부르크 팀의 역량을 유지하고 발전시키기로 약속했습니다.

Teradyne (NASDAQ:TER) et Infineon Technologies ont annoncé un partenariat stratégique pour faire progresser le testing des semi-conducteurs de puissance. L'accord comprend l'acquisition par Teradyne de l'équipe des équipements de test automatisés d'Infineon à Regensburg, en Allemagne, composée de 80 employés.

Grâce à ce partenariat, Teradyne améliorera son portefeuille de produits ETS et accélérera sa feuille de route dans le segment des semi-conducteurs de puissance. L'acquisition offre des avantages mutuels : Teradyne obtient des ressources et une expertise supplémentaires tout en collaborant avec un leader de marché clé, tandis qu'Infineon assure un soutien continu à la fabrication et une flexibilité accrue pour les besoins d'équipements de test spécialisés.

Le partenariat se concentrera sur le développement des capacités de test pour de nouvelles technologies telles que carbure de silicium et nitrure de gallium, répondant aux défis des tests dynamiques à grande échelle. Teradyne s'est engagé à maintenir et à développer les capacités de l'équipe de Regensburg dans le cadre de son unité commerciale dédiée aux semi-conducteurs de puissance.

Teradyne (NASDAQ:TER) und Infineon Technologies haben eine strategische Partnerschaft zur Weiterentwicklung des Tests von Leistungshalbleitern angekündigt. Die Vereinbarung umfasst die Übernahme von Infineons automatisiertem Testgeräte-Team in Regensburg, Deutschland, das aus 80 Mitarbeitern besteht, durch Teradyne.

Durch diese Partnerschaft wird Teradyne sein ETS-Produktportfolio erweitern und seinen Fahrplan im Bereich der Leistungshalbleiter beschleunigen. Die Akquisition bietet gegenseitige Vorteile: Teradyne gewinnt zusätzliche Ressourcen und Fachwissen, während sie mit einem Schlüsselmarktführer zusammenarbeitet, während Infineon einen kontinuierlichen Produktionssupport und erweiterte Flexibilität für spezialisierte Testgerätebedürfnisse sichert.

Die Partnerschaft wird sich darauf konzentrieren, die Testfähigkeit neuer Technologien wie Siliziumkarbid und Galliumnitrit voranzutreiben und dabei dynamische Testherausforderungen im großen Maßstab anzugehen. Teradyne hat sich verpflichtet, die Fähigkeiten des Teams in Regensburg im Rahmen seiner Geschäftseinheit für Leistungshalbleiter aufrechtzuerhalten und weiter auszubauen.

Positive
  • Strategic acquisition of Infineon's automated test equipment team strengthens Teradyne's power semiconductor testing capabilities
  • Integration of 80 specialized employees enhances Teradyne's technical expertise
  • Partnership provides access to advanced technologies in silicon carbide and gallium nitride testing
  • Expansion of market-leading ETS product portfolio
Negative
  • None.

Insights

This strategic partnership marks a pivotal move in the power semiconductor testing landscape, with significant implications for both companies and the broader industry. The acquisition of Infineon's 80-person automated test equipment team in Regensburg represents a strategic capability expansion in three critical areas:

1. Technology Enhancement: The integration of Infineon's specialized testing capabilities into Teradyne's ETS portfolio strengthens their position in testing next-generation power semiconductors, particularly in high-growth segments like silicon carbide (SiC) and gallium nitride (GaN). These technologies are important for electric vehicles, renewable energy and industrial applications, markets projected to grow significantly over the next decade.

2. Market Position: By acquiring expertise from a market leader like Infineon, Teradyne gains immediate credibility and capabilities in advanced power semiconductor testing. This move could accelerate their product development cycles and enhance their competitive position against other test equipment manufacturers.

3. Strategic Benefits: The deal structure is particularly noteworthy as it creates a win-win scenario: Teradyne gains valuable IP and expertise while Infineon maintains access to critical testing capabilities through a service agreement, potentially reducing their capital expenditure requirements while ensuring testing capacity flexibility.

The partnership's timing is strategic, coinciding with the rapid growth in power semiconductor applications driven by electrification trends. This positions Teradyne to capitalize on the increasing demand for sophisticated testing solutions in the power semiconductor market, which is essential for maintaining quality and reliability in critical applications.

From a technical perspective, this partnership represents a significant advancement in semiconductor testing capabilities. The focus on silicon carbide and gallium nitride testing is particularly noteworthy for several reasons:

1. Technical Complexity: SiC and GaN devices operate at higher voltages, frequencies and temperatures than traditional silicon, requiring more sophisticated testing methodologies. Infineon's expertise in these areas will enable Teradyne to develop more advanced testing solutions.

2. Market Timing: As the adoption of wide-bandgap semiconductors accelerates, particularly in electric vehicles and renewable energy applications, the demand for specialized testing equipment is expected to grow significantly. This acquisition positions Teradyne to meet this increasing demand with enhanced capabilities.

3. Innovation Pipeline: The integration of Infineon's development team brings valuable expertise in power semiconductor testing, potentially accelerating Teradyne's product development cycle and enabling them to bring innovative solutions to market faster.

Teradyne to acquire Infineon’s automated test equipment technology and associated development team

NORTH READING, Mass.--(BUSINESS WIRE)-- Teradyne, Inc. (NASDAQ:TER), a leading supplier of automated test solutions, and Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), a global semiconductor leader in power systems and IoT, today announced they have entered into a strategic partnership to advance power semiconductor test.

As part of the strengthened relationship, Teradyne will acquire part of Infineon’s automated test equipment team (AET) in Regensburg, Germany. This acquisition provides mutual benefits for both companies. With the additional resources and expertise, Teradyne will accelerate its roadmap in the power semiconductor segment while collaborating on new solutions with a key market leader. By entering into a service agreement, Infineon secures continued manufacturing support as well as enhanced flexibility to respond to internal demand for this specialized test equipment, and benefits from Teradyne’s economy of scale. Teradyne is fully committed to the 80-person team at Infineon’s Regensburg site and plans to build upon these capabilities as it integrates together with its Power Semiconductor business unit.

“We are thrilled to enter into this strategic partnership with Infineon," said Rick Burns, President, Semiconductor Test Group at Teradyne. "Acquiring and integrating Infineon’s technology and team in Regensburg will extend our leadership in the power semiconductor market. Infineon’s technology will enhance our market-leading ETS product portfolio, demonstrating our commitment to continue to provide innovative solutions that meet the evolving needs of our customers."

"Together with Teradyne, we are advancing our power semiconductor test capabilities," said Alexander Gorski, Executive Vice President, Frontend Operations at Infineon. "Integrating our experienced workforce with Teradyne will help to accelerate innovation and address the dynamic test challenges in new technologies like silicon carbide and gallium nitride at the scale and flexibility needed by our markets and customers. At the same time, we provide our employees a long-term perspective in a highly specialized company."

About Infineon Technologies AG

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

About Teradyne

Teradyne (NASDAQ:TER) designs, develops, and manufactures automated test equipment and advanced robotics systems. Its test solutions for semiconductors and electronics products enable Teradyne’s customers to consistently deliver on their quality standards. Its advanced robotics business includes collaborative robots and mobile robots that support manufacturing and warehouse operations for companies of all sizes. For more information, visit teradyne.com. Teradyne® is a registered trademark of Teradyne, Inc., in the U.S. and other countries.

Traci Tsuchiguchi

Corporate Relations

Tel: 978.370.2444

investorrelations@teradyne.com

Andre Tauber

Media Relations

Tel +49 89 234 36705

media.relations@infineon.com

Source: Teradyne, Inc.

FAQ

What is the strategic partnership between Teradyne (TER) and Infineon about?

The partnership involves Teradyne acquiring Infineon's automated test equipment team in Regensburg, Germany, to advance power semiconductor testing capabilities and collaborate on new solutions.

How many employees will Teradyne (TER) acquire from Infineon's Regensburg facility?

Teradyne will acquire an 80-person automated test equipment team from Infineon's Regensburg facility.

What technologies will the Teradyne (TER) and Infineon partnership focus on?

The partnership will focus on advancing test capabilities for new technologies like silicon carbide and gallium nitride.

How will the Infineon partnership benefit Teradyne's (TER) product portfolio?

The partnership will enhance Teradyne's market-leading ETS product portfolio and accelerate its roadmap in the power semiconductor segment.

What benefits does Infineon receive from the Teradyne (TER) partnership?

Infineon secures continued manufacturing support, enhanced flexibility for specialized test equipment needs, and benefits from Teradyne's economy of scale.

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Instruments for Meas & Testing of Electricity & Elec Signals
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