May 13, 2015      

With an eye to Asian manufacturing markets, Teradyne Inc. is buying collaborative robot maker Universal Robots for $285 million in cash, plus another $65 million if certain performance goals are met through 2018.

Odense, Denmark-based Universal Robots was founded in 2005 and makes relatively low-cost, easy-to-deploy robots that work alongside humans in manufacturing. The co-robot market is a $100 million segment of the industrial robotics market and is growing at more than 50 percent per year, ...

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