Business
CELESTICA TO ACQUIRE BROOKS AUTOMATION'S SEMICONDUCTOR EQUIPMENT CONTRACT MANUFACTURING OPERATIONS
Apr. 21, 2011 (Canada NewsWire Group) -- Acquisition to strengthen Celestica's capabilities...
About this update from Celestica Inc.
[{"type":"text","content":"\n\n\n Apr. 21, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nAcquisition to strengthen Celestica's capabilities in complex\n mechanical and systems integration services\n\n\nTORONTO, April 21 /CNW/ - Celestica Inc. (NYSE: CLS) (TSX: CLS), a\n global leader in the delivery of end-to-end product lifecycle\n solutions, today announced that it has agreed to acquire the\n semiconductor equipment contract manufacturing operations of Brooks\n Automation. The operations, based in Portland, Oregon and Wuxi, China\n specialize in manufacturing complex mechanical equipment and providing\n systems integration services for some of the world's largest\n semiconductor equipment manufacturers.\n\n\nThe operations' capabilities include the production of equipment\n front-end modules for wafer handling and transportation, vacuum\n transfer modules and uniquely designed sub-systems for industry-leading\n semiconductor capital equipment OEMs. The business generated revenue of\n approximately $135 million for the six months ended March 31, 2011, and\n currently employs approximately 450 people.\n\n\n"The acquisition of Brooks' operations in Oregon and China will\n significantly strengthen Celestica's industrial market offering,\n providing our customers with additional capability in complex\n mechanical and systems integration services," said Paul Nicoletti,\n Executive Vice President, Diversified Markets and Chief Financial\n Officer, Celestica. "The design, engineering, and...