M&A Deal Summary

Illumina Acquires Solexa

On January 29, 2007, Illumina acquired test/measurement equipment company Solexa

Acquisition Highlights
  • This is Illumina’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Illumina’s 1st transaction in the United States.
  • This is Illumina’s 1st transaction in California.

M&A Deal Summary

Date 2007-01-29
Target Solexa
Sector Test/Measurement Equipment
Buyer(s) Illumina
Deal Type Add-on Acquisition

Target

Solexa

Hayward, California, United States
website
Solexa Inc. engages in developing and commercializing genetic analysis technologies. Company are currently developing and preparing to commercialize a novel instrumentation system for genetic analysis based on our reversible-terminator Sequencing-by-Synthesis.

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Buyer(S) 1

Buyer

Illumina

San Diego, California, United States

website


Category Company
Founded 1998
Sector Life Science
Employees9,800
Revenue 4.5B USD (2021)
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 1 of 28
Sector (Test/Measurement Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 13
State (California) 1 of 11
Country (United States) 1 of 19
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-27 Helixis

Carlsbad, California, United States

Helixis, Inc. is a developer of low cost molecular diagnostic products.

Buy $105M