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  6. Clarapath Acquires Crosscope

M&A Deal Summary

Clarapath Acquires Crosscope

On February 27, 2023, Clarapath acquired software company Crosscope

Acquisition Highlights
  • This is Clarapath’s 1st transaction in the Software sector.
  • This is Clarapath’s 1st transaction in the United States.
  • This is Clarapath’s 1st transaction in California.

M&A Deal Summary
Date 2023-02-27
Target Crosscope
Sector Software
Buyer(s) Clarapath
Deal Type Add-on Acquisition

Target

Crosscope

Mountain View, California, United States
Crosscope is a medical AI software company on a mission to radically transform patient care by unlocking the power of AI. The company's Crosscope Dx software is a digital pathology platform to facilitate deploying scalable Artificial Intelligence and Computational Pathology tools to empower pathology laboratories with precision diagnostics. Crosscope Crosscope was founded in 2019 and is based in Mountain View, California.

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Buyer(S) 1

Buyer

Clarapath

Hawthorne, New York, United States
Category Company
Founded 2014
Sector Medical Products
DESCRIPTION

Clarapath is a medical robotics company aimed at catalyzing change in the way pathology laboratories work. Clarapath is developing tools and workflow solutions to improve outcomes and reduce costs in clinical and non-clinical pathology. With the rising demand for sample reviews and the reliance on a dwindling labor pool, Clarapath's SectionStar provides automated sectioning for non-clinical and clinical pathology laboratories. Clarapath was founded in 2014 and is based in Hawthorne, New York.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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