Top 5 Industrial Robotics Companies in the World

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In this piece, we will take a look at the top five industrial robotics companies in the world. For more companies, head on over to Top 10 Industrial Robotics Companies in the World.

5. Teradyne, Inc. (NASDAQ:TER)

Latest Market Capitalization: $15.90 billion

Teradyne, Inc. (NASDAQ:TER) is an American firm headquartered in North Reading, Massachusetts. The firm bought Universal Robots in 2015 for $258 million.  Universal makes some of the most advanced robots in the world, with six joint arms that are used in several different industries such as grinding, welding, and machining; and across industries such as healthcare, electronics, and car manufacturing.

By the end of last year’s fourth quarter, 33 of the 943 hedge funds part of Insider Monkey’s database had invested in Teradyne, Inc. (NASDAQ:TER). Out of these, the firm’s largest investor is Panayotis Takis Sparaggis’s Alkeon Capital Management which owns 2.1 million shares that are worth $186 million.

Follow Teradyne Inc (NYSE:TER)

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