TTTech Computertechnik AG has sold Avionics Interface Technologies to Teradyne, Inc.
October 2014 — TTTech Computertechnik AG has sold its minority stake in Avionics Interface Technologies to Teradyne, Inc. Financial details have not been disclosed.
Avionics Interface Technologies (AIT) is a leading designer and manufacturer of high-performance flight modules, test and simulation modules, embedded solutions, databus analyzers and support systems for both the commercial aerospace and defense industries. AIT was founded in 2000, and has consistently delivered the most advanced testing modules to the defense and avionics markets.
Teradyne is the leading supplier of automatic test equipment used to test semiconductors, wireless products, data storage and complex electronic systems for consumers, communications, industrial and government customers.
TTTech is the leading supplier of dependable networking solutions based on time-triggered technology and modular safety platforms.
Our role in the transaction
Oaklins' team in Austria advised TTTech Computertechnik AG on the disposal of its minority shareholding in Avionics Interface Technologies to Teradyne. AIT now operates as an independent division within Teradyne’s Defense and Aerospace business unit.
Talk to the deal team
Related deals
GroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreCapvis has sold hessnatur to Wourth Group
Hess Natur-Textilien GmbH & Co. KG has become part of the international Wourth Group. With the change of ownership from Capvis to Wourth Group, hessnatur is entering its next phase of development. The transaction reflects the company’s successful strategic and business development in recent years, and creates a strong foundation for the future.
Learn moreNymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn more