Teradyne shares should bought into earnings, says Stifel Nicolaus After conducting channel checks, Stifel Nicolaus believes that the SoC test space may be bouncing off a bottom and poised to rebound in 1H13. The firm thinks that Teradyne likely saw a pickup in new SoC test orders in December, and it maintains a Buy rating on the stock.
DA Davidson to hold a conference 7th Annual 1:1 Technology Forum is being held in New York on May 27 with webcasted company presentations to begin at 8:15 am; not all company presentations may be webcasted. Webcast Link
Teradyne to acquire privately held Universal Robots in cash transaction Teradyne and the shareholders of Universal Robots announced they have signed a definitive agreement under which Teradyne will acquire privately held Universal Robots, the Danish pioneer of collaborative robots, for $285M net of cash acquired plus $65M if certain performance targets are met extending through 2018. The acquisition has been approved by the Board of Directors of each company and is expected to close in the second quarter of 2015 subject to customary closing conditions and regulatory approval.