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
Accuracy International has been acquired by FN Browning Group
Accuracy International, a global specialist in precision bolt-action rifle systems, has been acquired by FN Browning Group. This strategic combination brings together two highly complementary businesses, strengthening FN Browning Group’s position across both its defense and security and hunting and sports shooting divisions, while contributing to the UK’s sovereign industrial capabilities in small arms.
Learn moreJP Chick & Partners has been acquired by Qflow
J P Chick & Partners Ltd. has been acquired by Qflow Group AB, strengthening Qflow’s presence in the UK. With nearly 40 years of experience, an established presence in the East of England and broad expertise in structural, civil and environmental engineering, J P Chick complements the capabilities of Qflow’s existing UK businesses. The acquisition further expands Qflow’s UK operations and strengthens its multidisciplinary engineering offering.
Learn moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn more