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Brooks Automation Announces Restructuring Plan to Streamline Operating Structure

Mar 07, 2016 - GlobeNewswire

CHELMSFORD, Mass., March 07, 2016 (GLOBE NEWSWIRE) -- Brooks Automation, Inc. (Nasdaq:BRKS), a leading worldwide provider of automated and cryogenic solutions for multiple markets including semiconductor manufacturing and life sciences, announced a restructuring today intended to streamline its business operations, advance its market responsiveness, and achieve approximately $15 million of annualized cost savings.

As part of the restructuring, Brooks announced that it will be reorganizin...