Brooks Automation Acquires Precise Automation for $70M

April 26, 2021

Brooks Automation Inc. agreed to acquire Fremont-based collaborative robot maker Precise Automation Inc. for about $70 million, a deal expected to close in April 2021. The acquisition adds collaborative-robot product offerings and automation subsystems to Brooks' life-sciences and semiconductor automation portfolio and is expected to be immediately accretive to earnings.

Buyers
Brooks Automation Inc.
Targets
Precise Automation Inc.
Industry
Manufacturing
Location
California, United States
Transaction Type
Buyout

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