Teradyne to acquire Quantifi Photonics to deliver photonic IC testing to the high-performance Compute market

NORTH READING, Mass., March 10, 2025--(BUSINESS WIRE)--Teradyne, Inc. (Nasdaq: TER) today announced it has entered into a definitive agreement to acquire privately held Quantifi Photonics, a leader in photonic IC testing. The acquisition is expected to close in the second quarter of 2025, subject to customary closing conditions and regulatory approval.

This acquisition will enable Teradyne to deliver scalable photonic integrated circuit (PIC) test solutions. PIC technology is leveraging wafer-based manufacturing, multi-die integration, and advanced packaging with high-speed I/O interfaces to enable the rapidly evolving high-performance Compute market to support AI workloads.

"The extraordinary growth and complexity driven by Cloud AI will require optical interconnect solutions to support the bandwidth and reduce the power required for next-generation networks," said Teradyne CEO, Greg Smith. "We are thrilled to welcome the Quantifi Photonics team to Teradyne to accelerate the development of cost-effective, high-throughput test solutions for wafer-level, die/multi-die and co-packaged optical module testing."

"By combining Quantifi Photonics’ deep expertise in photonic testing and Teradyne’s leadership in semiconductor ATE, we are uniquely positioned to revolutionize photonics high-volume manufacturing," said Quantifi Photonics co-founder and CEO Iannick Monfils. "The silicon photonics market is at an inflection point that requires innovative, state-of-the-art solutions to unlock its full potential. By combining our strengths, Teradyne and Quantifi Photonics will provide customers with complete turn-key photonic test solutions that allow them to scale. Quantifi Photonics is excited to join the Teradyne family."

About Quantifi Photonics

Quantifi Photonics provides test solutions to help customers unlock scalable and cost-effective high-volume manufacturing of photonic integrated circuits (PICs), co-packaged optics and pluggable optics. The company’s portfolio includes a wide range of photonic test instruments, and digital sampling oscilloscopes, available as benchtop or the industry-standard PXI format to support cost-effective, high-throughput design verification testing and high-volume manufacturing. Learn more at quantifiphotonics.com.

About Teradyne

Teradyne (NASDAQ:TER) designs, develops, and manufactures automated test equipment and advanced robotics systems. Its test solutions for semiconductors and electronics products enable Teradyne’s customers to consistently deliver on their quality standards. Its advanced robotics business includes collaborative robots and mobile robots that support manufacturing and warehouse operations for companies of all sizes. For more information, visit teradyne.com. Teradyne^® is a registered trademark of Teradyne, Inc., in the U.S. and other countries.

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Contacts

Traci Tsuchiguchi
Investor Relations
investor.relations@teradyne.com