Teradyne to buy Nextest Systems for $325 mln

mercoledì 12 dicembre 2007 13:21

Dec 12 (Reuters) - Electronics test equipment supplier Teradyne Inc (TER.N: Quotazione) agreed to acquire Nextest Systems Corp (NEXT.O: Quotazione), a maker of automatic test equipment for semiconductors, for about $325 million, the companies said.

Teradyne will pay $20 per share in cash for all shares of Nextest Systems and expects the deal to slightly hurt 2008 GAAP per-share earnings but add on a non-GAAP basis, the companies said in a statement. (Reporting by Anant Vijay Kala in Bangalore; Editing by Jarshad Kakkrakandy)