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Brooks Automation Splits in Two to Serve Chip, Drug Clients

Photographer: Liesa Johannssen-Koppitz/Bloomberg
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Brooks Automation Inc. will split into two companies, one focused on the life sciences industry and the other on semiconductor manufacturing customers, making it easier for investors who want exposure to only one of those sectors.

The separation will bring sharper focus to its business lines in two specialized and in-demand markets, the company said Monday. The life sciences operations serve pharmaceutical and health-care customers in areas such as drug development and cell therapies, while Brooks’s automation business makes robotics for chipmakers.