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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 7.040+2.3%2:11 PM EST

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To: richardred who wrote (2950)10/29/2012 11:11:26 AM
From: richardred  Read Replies (1) of 7242
 
BRKS is the one spending it's money. IMO this takes some speculative appeal out of BRKS. However IMO increases LT appreciation if they can successfully integrate Fremont.

Crossing Automation selling to Brooks Automation in $63M deal
Silicon Valley / San Jose Business Journal Date: Monday, October 29, 2012, 7:15am PDT





Fremont's Crossing Automation Inc. will sell to said that the deal will expand the company's "capabilities in atmospheric automation." Brooks (NASDAQ: BRKS) is based in Chelmsford, Mass.

Crossing had revenue of $51 million and earnings of $3 million in the "trailing 12 months ended Sept. 30," according to the release.

bizjournals.com
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