Precise Automation

Market context

Precise Automation developed collaborative robots and automation subsystems for lab, electronics and manufacturing workflows. Brooks Automation agreed to acquire the Fremont company in 2021; its PreciseFlex robot line includes SCARA, six-axis and Cartesian configurations.

Facts

• Website: https://www.preciseflexrobots.com/
• HQ: Fremont, United States
• Segment: industrial robotics

Supply chain

Draft shell created from official/acquisition sources; needs hero media, team and fuller timeline QA.

• Layer: oem_builders
• Role types: collaborative robot supplier
• Robotics categories: collaborative robots
• Profile confidence: high
• Multi-customer: yes
• Cross-vertical: yes

Events

• 2021-04-26 - Acquisition - Brooks Automation agrees to acquire Precise Automation - Brooks entered a definitive agreement to acquire Precise Automation for about $70 million. Precise Automation made collaborative robots for laboratory, semiconductor and electronics manufacturing applications. The transaction strengthens Brooks Automation's o…

Team

• Brian Carlisle - Co-founder - Co-founded Precise Automation.
• Dr. Bruce Shimano - Co-founder - Co-founded Precise Automation.

Relationships

• Brooks Automation - Acquired By Brooks Automation - Brooks Automation agreed to acquire Precise Automation for about $70 million.

Context tags

• Collaborative robot supplier - Peer Group - Profile and product/acquisition sources explicitly support this context tag.