Brooks Automation Acquires Nexus Biosystems for $86,700,000

  • Feed Type
  • Date
    7/27/2011
  • Company Name
    Nexus Biosystems
  • Mailing Address
    12140 Community Road Poway, CA 92064
  • Company Description
    NEXUS Biosystems, a privately held company based in Poway, California, USA, has since 1996 been a developer and provider of enabling technologies and automation systems for pharmaceutical, biotech, agrochemical and academic research institutions worldwide.
  • Website
    http://www.nexusbio.com
  • Transaction Type
    M&A
  • Transaction Amount
    $86,700,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The net cash purchase price was $79 million. Additionally, the Company paid approximately $6.7 million for the value of the unrestricted cash held by Nexus at closing.

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