Teradyne (NASDAQ: TER) designs, develops and manufactures automated test equipment (ATE) for semiconductors and electronic systems, alongside an advanced robotics business that includes collaborative and autonomous mobile robots. Founded in 1960 by Alexander V. d'Arbeloff and Nicholas DeWolf, the company is headquartered in North Reading, Massachusetts, employs roughly 6,500 people worldwide and reports annual revenue of approximately $3.4 billion. In Israel, Teradyne operates an R&D and support site at the Matam Park in Haifa and a site in the Caesarea business park through its LitePoint wireless-test division.