Will Teradyne, Inc. officially complete its acquisition of FormFactor, Inc. by April 25, 2027?
deadline 2027-04-25
confidence medium
tier 4 evidence
89%Asturna estimate
Resolution criterion
This question resolves as "Yes" if Teradyne, Inc. files a Form 8-K with the U.S. Securities and Exchange Commission (SEC) under Item 2.01 ("Completion of Acquisition or Disposition of Assets") announcing the closing of the acquisition of FormFactor, Inc. on or before April 25, 2027. The filing must be publicly searchable on the SEC EDGAR system.
Verified starting state
The FTC granted early termination of the HSR antitrust waiting period for Teradyne, Inc.'s acquisition of FormFactor, Inc. on 2026-10-27 — clearing the US antitrust hurdle, though NOT itself confirming the deal has closed. Deadline (2027-04-25) is an EDITORIAL window (180 days), not a legal one. Source: https://www.ftc.gov/legal-library/browse/early-termination-notices
What pushes it up
- The FTC granted early termination of the HSR antitrust waiting period on 2026-10-27, removing the primary US regulatory obstacle to the deal [1].
- The 180-day window until the April 25, 2027 deadline is typically more than sufficient for final administrative closing procedures following antitrust clearance [1].
- Reports of significant funding transfers from Teradyne to FormFactor suggest advanced financial integration or support consistent with a pending merger [4].
What pushes it down
- The deal may still require approval from international regulatory bodies, such as China's SAMR, which can impose lengthy delays or conditions on semiconductor-related mergers [General Knowledge].
- Recent financial details regarding the acquisition are currently only reported by tier 4 sources, which lack the reliability of official filings or reference press [4].
What would move this number most
The primary uncertainty is whether the transaction requires and has obtained all necessary international regulatory approvals, which are not detailed in the provided sources.
How this number is built
| Deadline | 2027-04-25 |
| Base rate | 90% |
| Best evidence | tier 4 · 2 article(s) used |
| Independent runs | 85 · 92 (spread 7 pts) |
| Confidence | medium |
| Evidence cap | not triggered |
| Last revised | 2026-10-30 09:01 |
| Model | gemini-3-flash-preview |
Sources consulted