Azenta, Inc. (NasdaqGS:AZTA) will look for M&A. Lindon Robertson, Chief Financial Officer said, “So we're going to zero in on the model going forward. We'll go right to our strategy, which remains consistent with the past years that brought us to today, focusing on leading in the spaces that we participate, investing on both the organic, obviously to have a robust model, but also strategic M&A, which is, as Steve just highlighted, we'll have quite a war chest for investment. And margin expansion is inherent in our business objectives as well as disciplines to zero in on that.

But also as we look for M&A opportunities, we're looking for areas of growth and margin expansion. And then finally, balanced and disciplined capital deployment, we've done all of our acquisitions and investments significantly in the business with ROIC focus”.