---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-272731"
form_type: "8-K"
ticker: "TER"
cik: "0000097210"
company_name: "TERADYNE, INC"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T12:51:00.697617+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Teradyne invests $516M for 10% of Technoprobe; sells DIS unit for $85M

## Summary
- Teradyne to acquire 10% of Technoprobe for ~$516M at €7.362/share (3-month VWAP).
- Technoprobe to acquire Teradyne's Device Interface Solutions business for $85M net of cash/debt.
- Teradyne gets board seat and veto rights on by-laws, related-party transactions, delisting; 3-yr lock-up.
- Closing expected H1 2024 subject to CFIUS, Italian FDI, Taiwan merger control, HSR, and other conditions.
- Teradyne suspends share repurchase program effective Nov 7; will update capital allocation in Jan 2024 earnings call.

## SEC filing metadata
- accession: 0001193125-23-272731
- form_type: 8-K
- ticker: TER
- cik: 0000097210
- company_name: TERADYNE, INC
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97210/000119312523272731/0001193125-23-272731-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97210/000119312523272731/d499476d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-272731
- JSON: https://secwatch.observer/filing/0001193125-23-272731.json
- Plain text: https://secwatch.observer/filing/0001193125-23-272731.txt

## Key facts
- Material Agreements
  TERADYNE, INC entered into Investment Agreement with Technoprobe S.p.A., T-Plus S.p.A. valued at approximately $516 million (effective 2023-11-07).
  - Action: entry
  - Counterparty: Technoprobe S.p.A., T-Plus S.p.A.
  - Value: approximately $516 million
  - Effective: 2023-11-07
  source text: On November 7, 2023, Teradyne, Inc. (the "Company") entered into an Investment Agreement (the "Investment Agreement") with Technoprobe S.p.A. ("Technoprobe"), T-Plus S.p.A., Technoprobe's controlling shareholder ("T-Plus"), and Teradyne International Holdings, B.V., a wholly owned subsidiary of the Company (the "Investor").
  evidence_url: https://www.sec.gov/Archives/edgar/data/97210/000119312523272731/0001193125-23-272731-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.