PRI to acquire MES supplier
PRI Automation has agreed to a stock-swap takeover of Promis Systems Inc., a Toronto-based manufacturing execution systems company. The deal adds another link to PRI`s chain of fab automation products, which includes materials transport, front-end robots and planning/scheduling software. It will also add another layer of competition between PRI and tool robotics supplier Brooks Automation, which acquired MES developer FASTtech Integration last September, and create a direct rivalry with Applied Materials, which is working to acquire Consilium Inc. PRI, Brooks Automation and Applied Materials are leaders in the wafer fab MES sector. — WaferNews (V.5.48).