Zehntel, Inc. - Specimen Stock Certificate
Inv# SE2348 Stock
Delaware
New York
Specimen Stock printed by American Bank Note Company. Teradyne, Inc., is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Teradyne's high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM. Teradyne was founded by Alex d'Arbeloff and Nick DeWolf, who were classmates at the Massachusetts Institute of Technology (MIT) in the late 1940s. The men founded Teradyne in 1960, and set up shop in rented space above Joe and Nemo's hotdog stand in downtown Boston. The name, Teradyne, was intended to represent a very forceful presence. 1,000,000,000,000 dynes = 10 meganewtons (2,248,089 pounds-force or 1,019,716 kilograms-force).
d'Arbeloff and DeWolf knew that testing electronic components in high-volume production would reach a bottleneck, unless the tasks performed by technicians and laboratory instruments could be automated. Their business plan involved a new breed of "industrial-grade" electronic test equipment, known for its technical performance, reliability and economic payback. In 1961, d'Arbeloff and DeWolf sold their first product, a logic-controlled go/no-go diode tester, to Raytheon. In the 1980s, Teradyne expanded its sub-assembly test business by acquiring Zehntel, a leading manufacturer of in-circuit board test systems. In 1987, the company introduced the first analog VLSI test system, the A500, which led the market in testing integrated devices that provided the interface between analog and digital data. Read more at https://en.wikipedia.org/wiki/Teradyne
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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