TTTech Computertechnik AG has sold Avionics Interface Technologies to Teradyne, Inc.
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.
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
TEAM Safety Services Limited has been acquired by Vadella Group
TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.
Learn moreElectro Optic Systems has acquired the UK interceptor business of MARSS
Electro Optic Systems Holdings Limited (ASX: EOS) has acquired the UK-based interceptor unmanned aerial system business of MARSS Group for US$6.4 million (€5.5 million). The interceptor is a reusable electric drone effector guided by imaging sensors and AI, which EOS will integrate into its counter-drone portfolio for defense and critical infrastructure customers. EOS plans further investment to complete development.
Learn moreSunrise Eggs has been acquired by Agrova International
Sunrise Eggs, one of the UK’s best-established independent egg producers and distributors, has joined Agrova International AS, a European poultry and agri-foods group.
Learn more