TER · 10-Q · 2026Q3 · Full report

AI Data Center Test Joint Venture

TERADYNE, INC · 2026-10-30 · Importance 47 · Surprise 60

Teradyne and HTP Holding SAL formed MultiLane Test Products Holding LLC (MLTP) on April 8, 2026, after MultiLane contributed its test and measurement business assets. Teradyne acquired a controlling 75% ownership interest for approximately $157.8 million, subject to customary post-closing adjustments. MLTP is intended to address growing demand from the AI data center equipment market by accelerating development of test solutions for high-speed data connections; its results are included in the Product Test segment.

Key facts

• The purchase price of MLTP was approximately $157.8 million, subject to customary post-closing adjustments, and its results are included in Teradyne's Product Test segment. source
• Teradyne obtained a controlling 75% ownership interest in MLTP, which is expected to serve growing demand from the AI Data Center equipment market by accelerating development of test solutions for critical high speed data connections. source
• On April 8, 2026, Teradyne and HTP Holding SAL formed MultiLane Test Products Holding LLC, to which MultiLane contributed the assets of its test and measurement business. source