M&A Deal Summary

Nomi Health Acquires Artemis Health

On January 6, 2022, Nomi Health acquired information technology company Artemis Health from Illumina

Acquisition Highlights
  • This is Nomi Health’s 1st transaction in the Information Technology sector.
  • This is Nomi Health’s 1st transaction in the United States.
  • This is Nomi Health’s 1st transaction in Utah.

M&A Deal Summary
Date 2022-01-06
Target Artemis Health
Sector Information Technology
Buyer(s) Nomi Health
Sellers(s) Illumina
Deal Type Divestiture

Target

Artemis Health

Salt Lake City, Utah, United States
Artemis Health is a provider of benefits data analytics and healthcare analytics to self-insured employers, employee benefits consultants, and benefits brokers. Artemis Health was founded in 2002 and is based in Salt Lake City, Utah.

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Buyer(S) 1

Buyer

Nomi Health

Orem, Utah, United States
Category Company
Sector Healthcare Services
DESCRIPTION

Nomi Health is a direct healthcare company providers healthcare in both the public and private sectors. Nomi Health is based in Orem, Utah.

DEAL STATS #
Overall 1 of 4
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 4
Year (2022) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-13 Everyone Health

Tulsa, Oklahoma, United States

Everyone Health offers admittance to offices that offer types of assistance going from bloodwork to medical procedures. Everyone Health was founded in 2019 and is based in Tulsa, Oklahoma.

Buy -

Seller(S) 1

SELLER

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 2 of 3
Sector (Information Technology) 1 of 1
Type (Divestiture) 2 of 2
State (Utah) 1 of 1
Country (United States) 2 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-21 GRAIL

Menlo Park, California, United States

GRAIL, Inc. is a healthcare company whose mission is to detect cancer early, when it can be cured. GRAIL is focused on saving lives and improving health by pioneering new technologies for early cancer detection. GRAIL was established in 2016 and is based in Menlo Park, California.

Buy $8.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-16 Rethink Bio

Pune, India

Rethink Bio is a synthetic biology company focused on harnessing the potential of microalgae to develop sustainable food solutions to benefit the planet and people. Rethink Bio was founded in 2020 and is based in Pune, India.

Buy -
Mergr

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