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Crossing Automation
Automation, vacuum & instrumentation for semiconductor manufacturing, life sciences and other industries. | Brooks Automation
About Crossing Automation
Crossing Automation, Inc. operated as a designer and manufacturer of fab and tool automation products for the semiconductor industry. Based in Fremont, California, the company provided comprehensive automation solutions, including both atmospheric and vacuum wafer handling systems, to major semiconductor device and equipment companies globally. Its product portfolio was extensive, featuring equipment front-end modules (EFEMs), wafer sorters, vacuum transfer modules, and system controllers designed to enhance productivity and reduce costs for its clients.
The company's history is marked by strategic growth, notably the 2009 acquisition of Asyst Technologies' atmospheric wafer handling and automation assets. This acquisition, which included Asyst's sorter, EFEM, and RFID products, was a pivotal moment, transforming Crossing Automation from a startup into an established player with a broader customer base and a more complete product offering. The integration was led by industry veteran Robert MacKnight, who served as Executive Chairman. The move was supported by key investors, including Intel Capital and Tallwood Venture Capital, who had backed the company since at least 2005. In total, Crossing Automation raised $19.3 million in funding.
By late 2012, Crossing Automation had achieved significant financial scale. For the twelve months ending September 30, 2012, the company recorded revenues of approximately $51 million with gross margins of around 41%. This performance culminated in its acquisition by Brooks Automation, Inc. (now operating as Azenta Life Sciences) in a cash deal valued at $63 million, announced in October 2012. The transaction was a strategic fit, combining Crossing's linear atmospheric solutions with Brooks' existing systems to expand capabilities and market share in the semiconductor front-end market. Beyond semiconductors, Crossing Automation was also beginning to apply its technology to the emerging HB-LED and solar markets.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2003
- Headquarters
- Fremont, United States
- Employees
- 24
- Open positions
- None listed
- Dealroom signal
- 23.0/100
- Sector
- Semiconductors, Supply Chain Management, Biotechnology, Vacuum, DNA, Genetics and genomics, Packaging and Containers, Genome Engineering, Arts & Culture
- Technology
- Artificial Intelligence, Hardware, Deep Tech, Computer Vision
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2012 | $63M | $63M | Brooks Automation | — |
| SERIES B✓Equity / VC | Jul 2010 | $7.2M | $29M | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Crossing Automation is 0 monthly website visits. Crossing Automation's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
- TCTallwood Venture Capital
Intel Capital
Other known investors1 additional known investor
Brooks Automation
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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