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Teradyne Announces $300 Million Investment and Strategic Technology Collaboration with FormFactor

Investing.com ·

TER Teradyne Inc
$380.52 -0.87%
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  1. 1FormFactor Inc shares rose 3.6% in Monday after-hours trading.
  2. 2FormFactor Inc announced a strategic technology collaboration with Teradyne.
  3. 3The company decided to purchase $300 million worth of common stock in Teradyne Inc.

So what's the key point?

Teradyne decided to invest $300 million in FormFactor and collaborate on technology. FormFactor's stock price rose 3.6% following this news.

Source Investing.com · View original ↗

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