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Teradyne to Sell Connection Systems

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BOSTON, Oct. 11 -- Teradyne Inc. announced Monday it has reached an agreement to sell its Connection Systems division to Amphenol Corp. for $390 million in cash. Connection Systems, based in Nashua, N.H., is a supplier of high-speed, high-density connectors, as well as high-performance printed circuit boards and backplane interconnect systems. In 2004, the division accounted for 23 percent of Teradyne's 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...Read full article

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    Published: October 2005
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    Amphenolbackplane interconnect systemscircuit boardsConnection SystemsNews & FeaturesphotonicsTeradyne

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