Brooks is selling the division to Thomas H. Lee Partners for $3 billion.
Precise Automation acquired by Brooks Automation for $70M
Brooks Automation has entered a definitive agreement to acquire Precise Automation, a Fremont, Calif.-based developer of collaborative robots and automation subsytems, for about $70 million in cash. The acquisition is expected to close by the end of April 2021 upon satisfaction of customary closing conditions. Chelmsford, Mass.-based Brooks Automation said it expects the deal to…