TITLE

Applied Buys Brooks Software for $125M

AUTHOR(S)
Taylor, Colleen
PUB. DATE
November 2006
SOURCE
Electronic News;11/13/2006, Vol. 52 Issue 46, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on a deal signed by Brooks Automation Inc. to divest and sell its software division, Brooks Software, to Applied Materials Inc. Under the terms of the definitive agreement, which was approved by the board of directors of both companies, Applied Materials will pay Brooks Automation $125 million in cash for the Brooks Software Division. Completion of the transaction is subject to applicable regulatory approvals and other customary closing conditions.
ACCESSION #
23188619

 

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