TERADYNE, INC.
NORTH READING, MA

, our wireless test business, provides solutions for the leading manufacturers of wireless modules and consumer electronics. Serving the rapidly growing demand for wireless communications, LitePoint products are used by chipset and product designers along with their contract manufacturers to verify performance, reduce time-to-market and lower the cost of wireless test. From Bluetooth to Wi-Fi to 4G LTE, we speed new products to market while providing industry-leading cost performance. Our products include IQxel for connectivity test and IQxstream for cellular test. Learn more about our wireless test solutions for the RF lab or manufacturing. Our collaborative robots business, headed up by , provides low-cost, easy-to-deploy and simple-to-program robots that work side by side with production workers to improve quality and increase manufacturing efficiency. Universal Robots automate tasks including machine tending, packaging, gluing, painting, polishing and assembling parts and are deployed in the automotive, food and agriculture, furniture and equipment, metal and machining, plastics and polymers, and pharma and chemicals industries. Why Teradyne In an industry where innovation is key to long-term success, we are the proven experts. We listen to our customers and share their customers’ same reliance on device functionality. That understanding and deep expertise helps us to apply creative solutions to the most challenging test problems. Our approach creates value for our customers, value for our employees and value for our shareholders. Teradyne is...expert engineering...innovative solutions...the future of test and automation. We partner with you from R&D to production. Our product innovation and world class service and support is what makes Teradyne the right choice. We operate in fast moving markets, where strategies and goals may change, but our dedication doesn’t. Let us apply our expertise to solve your toughest test challenges. Contact Teradyne A Company Takes Shape The founders of Teradyne met while lining up alphabetically at their ROTC unit at MIT in the late 1940s. While Alex d'Arbeloff and Nick DeWolf pursued separate careers after graduation, they connected again in 1960, intent on starting their own company. Alex and Nick 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. Their business plan involved a new breed of "industrial-grade" electronic test equipment, known for its technical performance, reliability and economic payback. The pair rented space above Joe and Nemo's hot dog stand in downtown Boston. The new venture "had to have a 'D' in it," according to DeWolf. "’Tera' is the prefix for 10 to the 12th power, while 'dyne' is a unit of force." Thus, Teradyne was conceived. "To us, the name meant rolling a 15,000-ton boulder uphill." In 1961, d'Arbeloff and DeWolf sold Teradyne's first product, the D133, a logic-controlled go/no-go diode tester. Early customers discovered that the results from increased production throughput greatly outweighed the diode tester's cost. In the 1980s, Teradyne expanded its subassembly test business by acquiring Zehntel, a leading manufacturer of in-circuit board test systems. 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. The 1990s brought more diversification. The company acquired Megatest Corporation, which expanded its Semi Test group to include smaller and less expensive testers than had been currently available. Teradyne also became a market leader in high-end System-on-a-Chip (SoC) test with its Catalyst and Tiger test systems. 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. GenRad’s Diagnostic Solutions, which made test equipment for the automotive manufacturing and service industries, became a separate product group for Teradyne. 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. That same year, Teradyne entered the disk-drive test market with the internally developed Neptune product, which serves the data-intensive internet and computing storage markets. Teradyne Today In 2010, Teradyne celebrated its 50th anniversary with one of its strongest years ever. The following year, it acquired LitePoint Corporation, a leading provider of test solutions for wireless products, such as laptop PCs, tablets, home networking and cell phones. With the addition of LitePoint, Teradyne’s product portfolio stretched from wafer test of semiconductor chips to system-level circuit boards to products ready for store shelves. Teradyne continues to deliver competitive advantage to the world's leading electronics companies with its major business units: Semiconductor Test, System Test, Wireless Test. And with the Company's most recent acquisition of Universal Robots, a company specializing in Collaborative Robots, we have entered the Industrial Automation industry. Teradyne is committed to protecting the environment and controlling environmental, health and safety risks through the implementation of our Environmental and Safety Management Systems (ESMS). Our Environmental System is registered to the international management system standard ISO 14001 for our Corporate Headquarters located in North Reading, Massachusetts and our larger facilities located in Kumamoto, Japan and Costa Rica. A key element of our system is “verifying” performance. We conduct internal compliance audits of our facilities and major operations are audited routinely. The Environmental Health and Safety (EHS) group at Teradyne uses various self-assessment tools to regularly evaluate the status of our programs.