Founded in 1960, Teradyne is a leading provider of automation equipment for industrial and test applications. The company's ATE (automated test equipment) is successfully used for test wireless products, semiconductors, electronic and data storage systems. Their products are popular among consumer, government, industrial and communications customers. Teradyne's Industrial Automation products include Collaborative Robots that increase manufacturing efficiency. Headquartered in North Reading, Massachusetts, the company employs more than 4,400 people worldwide. Included to the S&P 400 index, the Teradyne share price (TER) is set and traded on the New York Stock Exchange (NYSE).