Robotics ETFs Rally After Atlas Copco Buys Brooks Cryogenics Business

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The semiconductor cryogenics business, which consists of the CTI and Polycold product lines and related services, provides a wide range of high performance cryogenic products for the semiconductor, display, and general vacuum industries, according to a press release. The semiconductor cryogenics business generated approximately $195 million in revenue in the last 12-month period.

The move away from the semiconductor cryogenic business is seen as the company’s way of focusing more toward semiconductor automation and growth of its life science businesses.

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