Teradyne grew its semiconductor test business with the addition of Nextest and Eagle Test Systems in 2008, serving the flash memory test market and high-volume analog test market, respectively. In 2006, Teradyne sold its two Boston buildings and consolidated all of its Boston-area staff to its current site in North Reading, Massachusetts. GenRad's Diagnostic Solutions, which made test equipment for the automotive manufacturing and service industries, became a separate product group for Teradyne. In 2000, Teradyne Connection Systems acquired Herco Technologies and Synthane-Taylor, and a year later they acquired circuit-board test and inspection leader, GenRad, and merged it into the Assembly Test Division. Teradyne also became a market leader in high-end System-on-a-Chip (SoC) test with its Catalyst and Tiger test systems. The company acquired Megatest Corporation, which expanded its Semiconductor Test group to include smaller and less expensive testers than had been currently available. In 1987, the company introduced the first analog VLSI test system, the A500, which led the market in testing integrated devices that provided the interface between analog and digital data. In the 1980s, Teradyne expanded its sub-assembly test business by acquiring Zehntel, a leading manufacturer of in-circuit board test systems. In 1961, d'Arbeloff and DeWolf sold their first product, a logic-controlled go/no-go diode tester, to Raytheon. Their business plan involved a new breed of "industrial-grade" electronic test equipment, known for its technical performance, reliability and economic payback. 1,000,000,000,000 dynes = 10 meganewtons (2,248,089 pounds-force or 1,019,716 kilograms-force).ĭ'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. The name, Teradyne, was intended to represent a very forceful presence. The men founded Teradyne in 1960, and set up shop in rented space above Joe and Nemo's hotdog stand in downtown Boston. Teradyne was founded by Alex d'Arbeloff and Nick DeWolf, who were classmates at the Massachusetts Institute of Technology (MIT) in the late 1940s.
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