Teradyne and the shareholders of Lemsys today announced the acquisition of privately held Lemsys of Geneva, Switzerland. The 21-person company will remain in Geneva with current management and staffing.
Lemsys is a leading global provider of test equipment for the high power semiconductor industry, serving the emerging and growing power discrete device and module market aligned to electric vehicles, wind and solar power generation, and high power industrial applications.
“Lemsys is the market leader in the emerging high power discrete segment of the semiconductor test market and we are very excited to have Lemsys join Teradyne,” said Greg Smith, President of Teradyne’s Semiconductor Test Division. “With its talented team and industry leading product line, Lemsys will expand the range of test solutions we can offer to power semiconductor customers.”
“We are excited to join forces with Teradyne to expand our product development and market growth through Teradyne’s world-class engineering and customer support capabilities,” said Giuseppe Santandrea, CEO of Lemsys. “With Teradyne, we will be able to grow our production footprint not only in China and Europe, but around the world.”