Affymetrix to acquire Panomics for $73M
Affymetrix is to acquire fellow US firm Panomics for $73.0 million in cash. Panomics is a privately-held, California-based company that specializes in assay products for low-to-mid-plex genetic, protein and cellular analysis applications that currently run on an installed base of 5,600 instruments worldwide. Affymetrix hopes this will strengthen its position in high-growth validation and routine-testing market segments.
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