Brooks Automation Acquires SimCon, European Distributor for Brooks' Simulation, Scheduling, Production Analysis and Real-Time Dispatching Software.Business/Technology Editors CHELMSFORD, Mass.--(BUSINESS WIRE)--May 16, 2001 Latest acquisition enhances Brooks' capability to provide integrated software and direct and comprehensive support to Brooks customers world-wide. Brooks Automation, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BRKS BRKS Brooks (street suffix) ), a leading supplier of tool and factory hardware and software automation solutions for the semiconductor industry, announced today that it has acquired SimCon N.V. (Simulation Consulting), a privately owned company headquartered in Gent, Belgium and with offices in Germany and France. The acquisition of SimCon, a value-added reseller A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. for Brooks' simulation, scheduling, production analysis and dispatching software, unifies Brooks' sales efforts for the AutoSimulations products in Europe and strengthens Brooks' technical expertise and local support for these products. The deal is structured as a purchase of stock in SimCon N.V. in exchange for cash and shares of Brooks common stock totaling $2,600,000 plus additional payouts contingent upon Adj. 1. contingent upon - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent on, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent certain business objectives being met. In addition to its distribution business, SimCon is one of Europe's providers of simulation services in the semiconductor, airport, supply chain and material handling industries. "SimCon has built a thriving consulting business and an extremely knowledgeable technical team," said Robert J. Therrien, president and chief executive officer, Brooks Automation, Inc. "Along with streamlining Brooks' sales channel in Europe for the AutoSimulations product line, the acquisition of SimCon provides Brooks with the technical resources to develop a consulting practice for providing scheduling and dispatching rule development and deployment world-wide. SimCon also has excellent resources in supply chain management and supply chain execution that Brooks can leverage for the benefit of its customers." "For the past 12 years, SimCon has been dedicated to providing decision support solutions and consultancy services based on Brooks' AutoSimulations technology. Now that SimCon is part of Brooks, we will be able to align our efforts more closely with the Brooks sales, technical, service and support organizations. Closer collaboration between the SimCon and Brooks teams will give us more resources for enhancing, integrating and supporting the products and allow us to provide even more value to our customers," said Ben Mahy, president and chief executive officer, SimCon. The acquisition further benefits Brooks' customers by making Static Capacity Modeler (SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. ), developed by SimCon, a part of the Brooks product line. SCM is built on the AutoSched AP framework and is a companion product to AutoSched AP, which provides scheduling, planning and capacity analysis. SCM and AutoSched AP share the same data model, enabling companies to perform both static and dynamic analysis with the same data. By integrating these products, semiconductor companies will be able to replace the manual spreadsheets they now use for factory capacity analysis. About Brooks Automation, Inc. Brooks Automation, Inc. is the leading global supplier of OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and tool automation and factory management software for the semiconductor, data storage and flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time manufacturing industries manufacturing industries npl → industrias fpl manufactureras manufacturing industries npl → industries fpl de transformation . As an established market leader in hardware and software automation, Brooks continues to pioneer "Best-in-Class" technologies that outperform their competitors - from vacuum and atmospheric robots, cluster tool platforms and modules, ultra-clean mini-environments for isolating processing equipment and wafers - to factory and tool automation software and integration services. Both OEM and fab customers leverage Brooks Automation's products and environments. The Company has ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certification, is headquartered in Chelmsford, MA and has direct operations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Europe, Japan, Korea, Malaysia, Singapore and Taiwan. Further information is available at Brooks' web-site, www.brooks.com. About SimCon SimCon is a European provider of best-of-breed logistics decision support software solutions. SimCon's goal is to provide a complementary set of solutions to support its customers in their continuous improvement efforts toward excellence in supply-chain planning and execution. SimCon provides a product and service portfolio that allows customers to design, analyze, plan, operate and measure their supply chain environment. SimCon's product offerings include simulation, planning, scheduling, dispatching and production analysis tools; supply chain design, transportation planning Transportation planning is the field involved with the siting of transportation facilities (generally streets, highways, sidewalks, bike lanes and public transport lines). and execution tools; and factory layout design, analysis and visualization tools. The company also provides a range of technical services including system integration, consulting, training and support. SimCon's web site is www.simcon.be. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The foregoing discussion contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. related to future financial results. These statements involve known and unknown risks and uncertainties including, without limitation, risks relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the benefits to Brooks Automation of purchasing SimCon, the continued success of SimCon in the marketplace, the ease of integrating SimCon into the Brooks business unit structure, the Company's dependence on the cyclical cyclical Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements. semiconductor industry, the Company's dependence on relatively few customers for a significant portion of its revenues, the Company's reliance on sales to OEM customers and the lengthy sales cycles of those customers, the ability of the Company to continue to successfully develop and market new products and product enhancements on a timely basis, the ability to integrate recent acquisitions into the Company, the highly competitive nature and rapid technological change that characterize the industries in which the Company competes, and other risks and uncertainties described in the Company's reports and registration statements filed with the Securities and Exchange Commission. As a result, there can be no assurance that the Company's future results will not be materially different than those projected. The Company also operates in an industry sector where securities' values are highly volatile and may be influenced by economic and other factors beyond the Company's control. The forward-looking statements contained herein speak only of the Company's expectations as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such statement is based. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion