Teradyne, Inc. Company Profile

Teradyne was founded by Alex d'Arbeloff and Nick DeWolf, two classmates who met at Massachusetts Institute of Technology (MIT) in the late 1940s when they lined up alphabetically in an ROTC class. After graduation, Alex and Nick pursued separate careers, getting together again in 1960 with the vision of starting their own company. Alex and Nick foresaw that testing would become a bottleneck to high-volume production of electronic components unless the tasks performed by technicians and laboratory instruments could be automated. Their business plan involved of a new breed of "industrial grade" electronic test equipment, known as much for its reliability and economic payback as for its technical performance. The pair rented space above Joe and Nemo's hot dog stand, on the corner of Kingston and Summer Streets in downtown Boston. It was a location they both could walk to from their homes, and convenient to public transportation for all employees. The new venture was named Teradyne because "it had to have a 'D' in it," according to DeWolf. "'Tera' is the prefix for 10 to the 12th power and 'dyne' is a unit of force. To us, the name meant rolling a 15,000 ton boulder uphill," he said.
Getting things rolling, d'Arbeloff and DeWolf learned how to run a company, and sell a new category of test equipment aimed at improving efficiency on the production floor. Teradyne's first product was a logic-controlled go/no-go diode tester, the D133. It was introduced in 1961 at a time when semiconductor manufacturers used sophisticated laboratory instruments to characterize devices and slow manual equipment in the factory. Manufacturers were at first resistant to putting sophisticated, automated equipment into their production process.

Location

321 Harrison Avenue
Boston
massachusetts
02118-2238
United States of America

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