M&A Deal Summary

Azenta Acquires Intelligent Automation Systems

On February 15, 2002, Azenta acquired manufacturer Intelligent Automation Systems for 18M USD

Acquisition Highlights
  • This is Azenta’s 1st transaction in the Manufacturing sector.
  • This is Azenta’s 12th largest (disclosed) transaction.
  • This is Azenta’s 1st transaction in the United States.
  • This is Azenta’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2002-02-15
Target Intelligent Automation Systems
Sector Manufacturing
Buyer(s) Azenta
Deal Type Add-on Acquisition
Deal Value 18M USD

Target

Intelligent Automation Systems

Cambridge, Massachusetts, United States
Intelligent Automation Systems, Inc.,designs, builds and implements high-end precision automation solutions, both custom and product based, for manufacturers of semiconductor devices, fiber optic components, life sciences and other products. The Company's innovative solutions and proprietary technologies enable its clients to automate various challenging manufacturing requirements in a number of different environments.

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Buyer(S) 1

Buyer

Azenta

Chelmsford, Massachusetts, United States

Category Company
Founded 1978
Sector Life Science
Employees3,000
Revenue 514M USD (2021)
DESCRIPTION

Azenta is a provider of life sciences solutions worldwide, enabling impactful breakthroughs and therapies to market faster. Azenta provides a full suite of reliable cold-chain sample management solutions and genomic services across areas such as drug development, clinical research, and advanced cell therapies for the industry's top pharmaceutical, biotech, academic, and healthcare institutions globally. Azenta was founded in 1978 and is based in Chelmsford, Massachusetts.


DEAL STATS #
Overall 1 of 24
Sector (Manufacturing) 1 of 3
Type (Add-on Acquisition) 1 of 19
State (Massachusetts) 1 of 3
Country (United States) 1 of 15
Year (2002) 1 of 2
Size (of disclosed) 12 of 17
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-14 PRI Automation

Chelmsford, Massachusetts, United States

PRI Automation, Inc. is a worldwide provider of automation, vacuum and instrumentation solutions to the global semiconductor and related industries.

Buy $380M