Thursday, July 28, 2011

Nexus Biosystems Acquired For $79M

Poway-based Nexus Biosystems, a developer of automated compound and sample management equipment for the life sciences industry, has been acquired by Brooks Automation in a deal worth $79M, the firms said earlier this week. According to Brooks, Nexus had trailing twelve month revenue of $36M, for its twelve months ended June 30, 2011. Nexus Biosystems was venture backed by Telegraph Hill Partners.

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