Affymetrix to acquire USB for $75M

24 December 2007

California, USA-based genetic analysis specialist firm Affymetrix says it has entered into a definitive agreement to acquire USB Corp, a privately-held Cleveland, Ohio-based company that develops, manufactures and markets an extensive line of molecular biology and biochemical reagent products. The acquisition will enable Affymetrix to accelerate the development and commercialization of new genetic analysis solutions and increase the value of its current product portfolio.

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