M&A Deal Summary

Illumina Acquires Fluent BioSciences

On July 9, 2024, Illumina acquired life science company Fluent BioSciences

Acquisition Highlights
  • This is Illumina’s 18th transaction in the Life Science sector.
  • This is Illumina’s 20th transaction in the United States.
  • This is Illumina’s 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2024-07-09
Target Fluent BioSciences
Sector Life Science
Buyer(s) Illumina
Deal Type Add-on Acquisition

Target

Fluent BioSciences

Watertown, Massachusetts, United States
Fluent BioSciences is a developer of an emerging and highly differentiated single-cell technology. Fluent BioSciences was formed in 2018 and is based in Watertown, Massachusetts.

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Buyer(S) 1

Buyer

Illumina

San Diego, California, United States

Category Company
Founded 1998
Sector Life Science
Employees10,590
Revenue 4.5B USD (2023)
DESCRIPTION
Entrance to Illumina's corporate headquarters in San Diego, California.
Entrance to Illumina's corporate headquarters in San Diego, California.

Illumina is a developer, manufacturer, and marketer of life science tools and integrated systems for the analysis of genetic variation and function. Illumina provides innovative sequencing and array-based solutions for genotyping, copy number variation analysis, methylation studies, gene expression profiling, and low-multiplex analysis of DNA, RNA, and protein. The Company's customers include genomic research centers, academic institutions, government laboratories, hospitals, and reference laboratories as well as pharmaceutical, biotechnology, agrigenomics, commercial molecular diagnostic, and consumer genomics companies. Illumina was formed in 1998 and is based in San Diego, California.


DEAL STATS #
Overall 29 of 29
Sector (Life Science) 18 of 18
Type (Add-on Acquisition) 14 of 14
State (Massachusetts) 2 of 2
Country (United States) 20 of 20
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-09 Verogen

San Diego, California, United States

Verogen is a developer, manufacturer, and sells forensic genomics products and services, including for next-generation sequencing. Verogen was formed in 2017 and is based in San Diego, California.

Sell $150M