Teradyne to Acquire PICs Test Solutions Provider Quantifi Photonics

NORTH READING, Mass., March 11, 2025 — Automated test equipment and robotics company Teradyne has entered into a definitive agreement to acquire Quantifi Photonics, a provider of photonic integrated circuit (PIC) testing. Terms of the deal have not been disclosed.

Following the acquisition, Teradyne intends to accelerate the development of cost-effective, high-throughput test solutions for wafer-level, die/multi-die and co-packaged optical module testing, according to company CEO Greg Smith. In addition to delivering scalable solutions for PICs testing, Quantifi Photonics provides test solutions targeting scalable and cost-effective high-volume manufacturing of co-packaged and pluggable optics.

There are 36 suppliers of Photonic Integrated Circuits in the Photonics Marketplace.

Teradyne's solutions serve the semiconductor, electronics, warehouse, and manufacturing markets. The company last week announced the addition of Shannon Poulin, who will assume leadership of the company's semiconductor test division this spring.

Formerly known as Coherent Solutions, Quantifi Photonics appointed Iannick Monfils CEO last year, and the company raised a $15 million series C funding round in 2022 following its acquisition of Smartest Electronics. It also operates a German-based, European subsidiary, Quantifi Photonics GmbH, which it established in 2023.

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“The silicon photonics market is at an inflection point that requires innovative, state-of-the-art solutions to unlock its full potential,” Monfils said, in a shared release announcing the acquisition. “By combining our strengths, Teradyne and Quantifi Photonics will provide customers with complete turn-key photonic test solutions that allow them to scale.”

Beyond integrated photonics test solutions, Quantifi Photonics offers products enabling photonics test and measurement solutions, including laser sources and amplifiers, bit error rate testing, digital sampling oscilloscopes, optical power meters, variable optical attenuators, optical spectrum analyzers, polarization conditioners, and other solutions supporting coherent optical communications.

The acquisition is expected to close in the second quarter of 2025, subject to customary closing conditions and regulatory approval.

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Published: March 2025

Glossary

metrology: Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
optical communications: The transmission and reception of information by optical devices and sensors.
integrated photonics: Integrated photonics is a field of study and technology that involves the integration of optical components, such as lasers, modulators, detectors, and waveguides, on a single chip or substrate. The goal of integrated photonics is to miniaturize and consolidate optical elements in a manner similar to the integration of electronic components on a microchip in traditional integrated circuits. Key aspects of integrated photonics include: Miniaturization: Integrated photonics aims to...
photonic integrated circuit: A photonic integrated circuit (PIC) is a compact and integrated device that incorporates multiple photonic components and functions on a single chip, similar to the way electronic integrated circuits (ICs) integrate various electronic components. The goal of a photonic integrated circuit is to manipulate and control light signals for applications in optical communication, sensing, signal processing, and other photonic technologies. Key points about photonic integrated circuits: Integration...

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