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Brooks Automation buys Nexus Biosystems for $79M

Tue, 07/26/2011 - 4:43am
Mass High Tech: The Journal of New England Technology

Chelmsford instrumentation company Brooks Automation Inc. has close don a purchase of Nexus Biosystems Inc. of Poway, Calif., in a cash deal worth $79 million.

According to a release from Brooks (Nasdaq: BRKS), Nexus makes automated compound and sample management solutions for life sciences companies. In addition to the $79 million, the company paid approximately $6.7 million for the value of the unrestricted cash held by Nexus at closing.

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