Teradyne Robotics (TER) and Analog Devices (ADI) said Wednesday in a joint statement that they have formed a partnership to advance robotics development and AI automation.
The joint effort will center on using robotics and software to enhance safety, productivity and manufacturing processes while minimizing workforce gaps and repetitive activities.
Teradyne Robotics will incorporate ADI's technologies into its products, adding functionality and features for semiconductor uses, the companies said.
Financial terms of the partnership were not disclosed.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments