BIO-RAD LABORATORIES, INC. acquires QuantaLife, Inc.
Snapshot
BIO-RAD LABORATORIES, INC. acquired QuantaLife, Inc. for $179.4 million fair value of consideration ($150.3 million cash at closing, $5.0 million holdback, $24.1 million contingent consideration; contingent portion could reach $48 million on sales and development milestones) in October 2011. The transaction was structured as all cash plus contingent consideration. QuantaLife, Inc. is a Life Science business.
- Acquirer
- BIO-RAD LABORATORIES, INC.
- Target
- QuantaLife, Inc.
- Value
- $179.4 million fair value of consideration ($150.3 million cash at closing, $5.0 million holdback, $24.1 million contingent consideration; contingent portion could reach $48 million on sales and development milestones)
- Date
- October 2011
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
BIO-RAD LABORATORIES, INC. acquired QuantaLife, Inc. for $179.4 million fair value of consideration ($150.3 million cash at closing, $5.0 million holdback, $24.1 million contingent consideration; contingent portion could reach $48 million on sales and development milestones), a transaction completed in October 2011, structured as all cash plus contingent consideration.
QuantaLife, Inc. operates in Life Science. QuantaLife developed droplet digital PCR technology that became the foundation of Bio-Rad's droplet digital PCR (ddPCR) systems.
QuantaLife's droplet digital PCR technology formed the core of Bio-Rad's ddPCR product line.
Pioneering droplet digital PCR platform that established Bio-Rad's ddPCR franchise. Launched Bio-Rad's droplet digital PCR (ddPCR) product line within the Life Science segment. Life Science segment
No advisory firms have been disclosed for this transaction.