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To: BMcV who wrote (477)4/8/1999 10:34:00 PM
From: Ian@SI  Read Replies (2) | Respond to of 1138
 
Potentially, this could turn into something very nice for BRKS...

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Brooks Automation Inc.
Dow Jones Newswires -- April 8, 1999
Brooks Automation, Samsung Electronics Form Joint Venture

CHELMSFORD, Mass. (Dow Jones)--Brooks Automation Inc. (BRKS) signed an agreement with Samsung Electronics Co. (Q.SSE) for a venture to establish automation systems, engineering and manufacturing operations in Korea.

In a press release Thursday, Brooks Automation said it will own 70% and Samsung will own 30% of the entity.

Brooks Automation said the two companies are negotiating the terms of the venture, including technology and support contributions.

Samsung is a memory device and flat panel display manufacturer.

Brooks Automation makes factory automation hardware and software.