| Decision | Consent granted Section 13(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 8 May 2025 |
| Pathway | Significant business assets |
| Investment | Acquisition of 100% of the shares in Quantifi Photonics Limited |
| Consideration | Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Teradyne (New Zealand) Holdings Limited United States of America 77% United Kingdom 7% Various 16% |
| Vendor | Quantifi Photonics Limited New Zealand 77% United States of America 20% Various 3% |
| Background | The Applicant is ultimately owned by Teradyne, Inc., a company incorporated in the United States and listed on the Nasdaq stock exchange. Teradyne Inc. is a global technology company that designs, develops, and manufactures automated test equipment and advanced robotics systems. The Applicant is acquiring Quantifi Photonics Limited, a New Zealand company that works with photonics developers and manufacturers to provide test and measurement solutions focussed on the physical properties of photonics devices. These devices are primarily used in optical and electrical testing. Consent was granted as the Applicant met the investor test criterion. |
| More information | Wook Jin Lee / Joy Wang Dentons Kensington Swan 18 Viaduct Harbour Avenue Auckland |