-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Teradyne Sells Connection Systems Division
October 11, 2005 |Estimated reading time: Less than a minute
BOSTON Teradyne has reached an agreement to sell its Nashua, N.H.-based Connection Systems division to Amphenol Corporation for $390 million cash. Connection Systems is a supplier of high-speed, high-density connectors, as well as high-performance PCBs and backplane interconnect systems. The division accounted for 23% of Teradyne's 2004 revenue.
"The sale of Connection Systems will sharpen our focus on our core test businesses," said Michael Bradley, Teradyne president and CEO. "That concentration will strengthen our ability to do what we do best provide our test customers with better products and services that meet their evolving needs." Connection Systems has been part of Teradyne for more than 30 years. The transaction is subject to regulatory approval and customary closing conditions, and is expected to close in the fourth quarter.