ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Teradyne Robotics and Analog Devices Enter Strategic Partnership to Accelerate the Adoption of AI and Advanced Robotics-Driven Collaborative Automation in Manufacturing

Teradyne Robotics, a division of Teradyne, Inc. (NASDAQ: TER) and global leader in advanced robotics solutions, and Analog Devices, Inc. (ADI), a global semiconductor leader, today announced a strategic partnership aimed at accelerating the development and usage of advanced robotics.

Teradyne Robotics, which includes Universal Robots (UR) and Mobile Industrial Robots (MiR), will partner with ADI to develop and deploy robots, AI and software in support of ADI's collaborative automation initiative, which aims to enhance safety, efficiency and optimize fabrication and backend operations through automation. These solutions will address key challenges facing the semiconductor market, including ergonomic issues due to highly repetitive tasks, manufacturing downtime, insufficient workforce, and real estate constraints.

"By combining Teradyne Robotics' market-leading UR Cobots and MiR AMRs with ADI's extensive system-level electronics expertise, we are poised to revolutionize the robotics and automation landscape," said Ujjwal Kumar, Group President, Teradyne Robotics. "This partnership will enable us to deliver state-of-the-art solutions that drive innovation and efficiency throughout the semiconductor lifecycle. In doing so, we will also be applying robotics applications and technologies, which will further advance robotics in additional sectors ripe for automation."

The partnership will also focus on integrating ADI's advanced technologies into Teradyne Robotics' products and deployment of edge-based AI and machine learning. This integration will further differentiate the performance and capabilities of Teradyne Robotics' advanced robotics portfolio, particularly for applications within the semiconductor industry.

"We are excited to partner with Teradyne Robotics to bring cutting-edge robotics and automation solutions to the market," said Martin Cotter, Senior Vice President, Vertical Business Units at ADI. "ADI’s leading silicon and sub-system solutions in intelligent motion, advanced position sensing, functional safety and robotic vision, integrate analog, digital and software capabilities, enabling us to co-create solutions that deliver breakthrough performance for next generation robotics.”

About Teradyne Robotics

Teradyne Robotics, a division of Teradyne (NASDAQ: TER), is a global leader in advanced robotic solutions, and is comprised of Universal Robots and Mobile Industrial Robots. Teradyne Robotics empowers businesses of all sizes to enhance operational efficiency by integrating the power of robots with human talent. For more information, visit teradyne.com/robotics.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.