Greg Smith, president of Teradyne’s Industrial Automation Group, takes us inside the company's acquisition strategy. Teradyne's industrial automation portfolio include leading companies Universal Robots, Mobile Industrial Robots, Energid and AutoGuide Mobile Robots.

Teradyne is still looking for acquisitions, and Greg tells us what Teradyne looks for in companies. Was Teradyne interested in Boston Dynamics before it was acquired by Hyundai for nearly $1 billion?

Greg also shared that Universal Robots sold more than 9,000 cobots in 2020 alone, and he offered a unique perspective on mobile manipulation, saying the ROI is a challenge.