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/PRNewswire/ Brooks Automation US, LLC ("Brooks") today announced that it has signed and completed an acquisition of Aim Lab Automation Technologies Pty Ltd.. ....
Week In Review: Manufacturing, Test U.S. chip coalition; materials group; power outage; EV share. Government policy Semiconductor companies as well hardware and software vendors have announced the formation of the Semiconductors in America Coalition (SIAC). The group called on congressional leaders to appropriate $50 billion for U.S. manufacturing incentives and research initiatives. SIAC’s mission is to advance federal policies that promote semiconductor manufacturing and research in the U.S., which is lagging behind. The new coalition includes Intel, Qualcomm, AMD, Nvidia, GlobalFoundries, Texas Instruments, Broadcom, Micron and others. It also includes Amazon Web Services, Apple, AT&T, Cisco, General Electric, Google, Hewlett Packard Enterprise (HPE), Microsoft, and ....
Operator Greetings and welcome to the Brooks Automation Q2 2021 Financial Results. [Operator Instructions] I will now turn the conference over to Sara Silverman, Director of Investor Relations. Please go ahead. Sara Silverman Director, Investor Relations Thank you, operator, and good afternoon to everyone on the line today. We would like to welcome you to our earnings conference call for the second quarter of fiscal year 2021. Earlier this afternoon, we also issued a press release describing plans for separating our company into two independent publicly traded companies, one for our Semiconductor business and one for our Life Sciences business. We will use this call to also address this important announcement. ....
Brooks Announces Intention To Separate Into Two Independent Publicly Traded Companies Separation Will Create Focused, High-Growth Life Sciences and Automation Companies Tax-Efficient Separation Expected to be Completed by End of Calendar Year 2021 News provided by Share this article CHELMSFORD, Mass., May 10, 2021 /PRNewswire/ Brooks Automation, Inc. ( Brooks ) (Nasdaq: BRKS) today announced its intention to separate its business into two independent, and publicly-traded companies. The transaction is intended to be structured as a pro-rata distribution of shares to Brooks shareholders in a tax-efficient manner and will establish: A pure-play life sciences company with market-leading sample-based solutions and genomics services. The company will be renamed before the separation is completed to reflect its strategic focus. This business generated revenue of $449 million in the twelve months ending March 31, 2021. ....
Brooks Automation to Buy Precise Automation for $70 Million thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.