CHELMSFORD, Mass., Feb. 21 -- Brooks Automation Inc., supplier of tool and factory hardware and software automation solutions for the global semiconductor and related industries, said it has completed the acquisition of Intelligent Automation Systems Inc. of Cambridge, Mass., a 14-year-old custom automation company with technology and products for the semiconductor, photonics and life sciences industries. The purchase method of accounting will be used to account for the approximately $17.9 million transaction, payable in a combination of stock and cash, according to Brooks. The revenue for...Read full articleRelated content from Photonics Media