Brooks Automation, Inc.
BRKS, a leading worldwide provider of automation and cryogenic
solutions for multiple markets including semiconductor manufacturing and
life sciences, announced today that it has expanded its Contamination
Control Solutions business with the acquisition of Contact Co., Ltd.
("Contact"). Contact, based in Kanagawa, Japan, provides automated cleaner
products for wafer carrier devices used in the global semiconductor markets
and generated approximately $5 million of revenue in its most recent fiscal
year. Specific financial terms of the deal were not disclosed.
Mark Morelli, President of Brooks, stated, "Contact was an early provider in
contamination control automation and has built an impressive installed base
of products at multiple customers. This acquisition expands our offerings
and complements the technology currently found in our Contamination Control
Solutions business. The integration of this product line will assist us in
meeting basic needs of not only large integrated circuit (IC) manufacturers
but also memory and back-end packaging customers."
Lindon Robertson, Chief Financial Officer of Brooks, commented, "This
transaction furthers our long-term strategy of gaining share in our core
semiconductor markets, while continuing to expand our presence in adjacent
markets and grow our life sciences business. Contact brings to Brooks
additional offerings, capability, and technology, all of which provide
synergies with our existing automation business and an attractive ROIC in a
relatively short timeframe."
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