Brooks Automation Inc. (BRKS) announced that it has entered into a definitive agreement to acquire Crossing Automation Inc. The cash purchase price is $63 million, subject to adjustment for actual working capital at closing.
The company expects to complete the acquisition by the end of this month upon satisfaction of customary closing conditions.
For the trailing twelve months ended September 30, 2012, Crossing had revenues of approximately $51 million, which generated operating profits of approximately $3 million with gross margins of approximately 41%.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.