Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Feb. 26, 5:20 PM
| This Slide: #73 of 100 |
Slide #73. Brooks Automation, Inc. — RURO, Inc.
Acquirer:
Brooks Automation, Inc. (NASDAQ:BRKS)
Acquiree:
RURO, Inc.
Details:
Brooks Automation, Inc. (Nasdaq: BRKS) announced today that it has acquired RURO, Inc., an informatics software company based in Frederick, Maryland. The total cash purchase price of the acquisition was $15 million, subject to customary working capital and other adjustments.
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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Avg. Broker Rec.
 
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Buy (3.20 out of 4) 50th percentile
(ranked higher than approx. 50% of all stocks covered)
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