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M&A Deal Summary

Cytek Acquires Tonbo Biosciences - Cell Analysis Business

On November 3, 2021, Cytek acquired life science company Tonbo Biosciences - Cell Analysis Business from Tonbo Biosciences

Acquisition Highlights
  • This is Cytek’s 1st transaction in the Life Science sector.
  • This is Cytek’s 1st transaction in the United States.
  • This is Cytek’s 1st transaction in California.

M&A Deal Summary
Date 2021-11-03
Target Tonbo Biosciences - Cell Analysis Business
Sector Life Science
Buyer(s) Cytek
Sellers(s) Tonbo Biosciences
Deal Type Divestiture

Target

Tonbo Biosciences - Cell Analysis Business

San Diego, California, United States
Tonbo Biosciences' Cell Analysis Business includes an extensive portfolio of life science research reagents related to cell preparation, flow cytometry, molecular immunology/PCR, and cell culture covering application areas across immunology, apoptosis, and immune profiling. Tonbo Biosciences' Cell Analysis Business is based in San Diego, California.

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Buyer(S) 1

Buyer

Cytek

Fremont, California, United States
Category Company
Founded 1992
Sector Life Science
Employees645
Revenue 193M USD (2023)
DESCRIPTION

Cytek is a cell analysis solutions company advancing the next generation of cell analysis tools by delivering high-resolution, high-content, and high-sensitivity cell analysis utilizing its patented Full Spectrum Profiling technology. Cytek’s novel approach harnesses the power of information within the entire spectrum of a fluorescent signal to achieve a higher level of multiplexing with exquisite sensitivity. Cytek’s FSP platform includes its core instruments, the Aurora and Northern Lights systems, reagents, cell sorter, software, and services to provide a comprehensive and integrated suite of solutions for its customers. Cytek was founded in 1992 and is based in Fremont, California.

DEAL STATS #
Overall 1 of 2
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 2
State (California) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-13 Luminex Corp s Flow Cytometry & Imaging Business

Austin, Texas, United States

Luminex Corp's Flow Cytometry & Imaging (FCI) Business gives clients instant access to all facets of cellular phenotypes and morphology. Its microcapillary technology Innovative Guava provides miniaturized systems for quick cell counts, viability, and basic cell health analyses, or step up to the Guava easyCyte System, a versatile benchtop platform for additional, multi-dimensional cell health assessments.

Buy -

Seller(S) 1

SELLER

Tonbo Biosciences

San Diego, California, United States
Category Company
Founded 2011
Sector Life Science
DESCRIPTION

Tonbo Biosciences produces and distributes high quality research reagents. Tonbo Biosciences was founded in 2011 and is based in San Diego, California.

DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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