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Applied Materials Completes Acquisition of Brooks Software

(Interviews, 03 Apr 2007 )

Applied Materials Inc. has completed its acquisition of the assets and business of Brooks Software, a division of Brooks Automation Inc. and is a provider of factory management and control software to the semiconductor and flat panel display industries. Under the terms of the agreement, Applied Materials paid $125 million in cash for Brooks Software, subject to post-closing adjustment.

"Brooks Software's products complement our existing software solutions and will enable us to serve our customers on a more comprehensive level," said Manfred Kerschbaum, Senior Vice President and General Manager, Applied Global Services. "Combining these applications will allow us to create a powerful computer integrated manufacturing (CIM) solution that can be rapidly deployed to customers and continuously supported by Applied Materials' global service teams across the entire lifecycle of a factory."

The Brooks Software business and employees are now part of Applied Global Services under the management of Jeremy Read, general manager of the eService Solutions division. With this acquisition, Applied Materials has the semiconductor industry's largest portfolio of factory management software designed to improve customers' fab productivity and efficiency.

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