News Article
Brooks-PRI Automation Has Signed A Definitive Agreement To Acquire Motion
Brooks-PRI Automation has signed a definitive agreement to acquire motion
and machine control technology company Berkeley Process Control. The
purchase will be in exchange for 614,374 Brooks-PRI shares. These shares are
subject to adjustment depending upon the performance of Berkeley in the
quarter ended December 31, 2002. The deal is expected to close by calendar
year end.
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Brooks-PRI Automation has signed a definitive agreement to acquire motion
and machine control technology company Berkeley Process Control. The
purchase will be in exchange for 614,374 Brooks-PRI shares. These shares are
subject to adjustment depending upon the performance of Berkeley in the
quarter ended December 31, 2002. The deal is expected to close by calendar
year end.
Among Berkeley Process Control products is the patented Autocalibration
system, allowing a robot to precisely locate system objects without the need
for operator assistance.
and machine control technology company Berkeley Process Control. The
purchase will be in exchange for 614,374 Brooks-PRI shares. These shares are
subject to adjustment depending upon the performance of Berkeley in the
quarter ended December 31, 2002. The deal is expected to close by calendar
year end.
Among Berkeley Process Control products is the patented Autocalibration
system, allowing a robot to precisely locate system objects without the need
for operator assistance.
