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Brooks Automation to acquire Precise Automation for $70M · Endata

◂ Announcements

Apr 26, 2021ACQUISITIONFremont, California, United States

Brooks Automation to acquire Precise Automation for $70M

Brooks Automation Inc. has agreed to acquire Precise Automation Inc., a provider of collaborative robots and automation subsystems, for approximately $70 million. The transaction is expected to close by the end of April 2021.

Value

$70.0M

Status

Announced

Productscollaborative robotsautomation subsystems

CompaniesBrooks Automation acquirer Precise Automation target

Sectors#Automation and Robotics #Semiconductors and Industrial Electronics

“Precise provides Brooks with a product offering and technology portfolio that is well positioned to take advantage of the exciting growth opportunities in the collaborative robot market.”robotics247.com

2 sources
robotics247.comBrooks Automation to Acquire Cobot Maker Precise ...Robotics 24/7 StaffApr 26, 2021
data-platform.cioapplications.comBrooks Announces Agreement to Acquire Precise AutomationMay 3, 2021

Summarized from public sources; check the original articles before acting on it.

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