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Slide #10. Brooks Automation, Inc. — Dynamic Micro Systems Semiconductor Equipment GmbH
Brooks Automation, Inc. (NASDAQ:BRKS)
Dynamic Micro Systems Semiconductor Equipment GmbH
Brooks Automation, Inc. (Nasdaq:BRKS) announced today that it has entered into a definitive agreement to acquire Dynamic Micro Systems Semiconductor Equipment GmbH ("DMS"). DMS, based in Radolfzell, Germany, provides automated cleaner and stocker products for wafer and reticle carrier devices used in the global semiconductor front-end markets. The cash purchase price is approximately $31 million, subject to an adjustment for working capital at closing. The acquisition is expected to close within the next two weeks upon satisfaction of customary closing conditions.
Brooks Automation provides semiconductor manufacturing automation solutions and life science sample-based services and solutions worldwide. In the semiconductor manufacturing market, Co. provides robotics, automation systems and services. In the life sciences market, Co. provides sample-based services and products, including a line of cold chain management solutions for handling and storing biological and chemical compound samples used in areas such as drug development, clinical research and advanced cell therapies. Co. is also a provider of gene sequencing and gene synthesis services. Co.'s reportable segments consist of Brooks Semiconductor Solutions Group and Brooks Life Sciences.
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Buy (3.00 out of 4)
(ranked lower than approx. 57% of all stocks covered)
Based on Zacks ABR data;
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