Brooks Automation Acquires Nexus Biosystems for $86,700,000
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e141af58-fb37-4884-9ccd-04e03eff0084&Preview=1 -
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
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Proceeds Purposes
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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.
