M&A Deal Summary

NOWDiagnostics Acquires Cellmic - Reader Technology

On July 12, 2018, NOWDiagnostics acquired technology hardware company Cellmic - Reader Technology from Cellmic

Acquisition Highlights
  • This is NOWDiagnostics’ 1st transaction in the Technology Hardware sector.
  • This is NOWDiagnostics’ 1st transaction in the United States.
  • This is NOWDiagnostics’ 1st transaction in California.

M&A Deal Summary

Date 2018-07-12
Target Cellmic - Reader Technology
Sector Technology Hardware
Buyer(s) NOWDiagnostics
Sellers(s) Cellmic
Deal Type Divestiture

Target

Cellmic - Reader Technology

Inglewood, California, United States
Cellmic LLC - Reader Technology includes DxReader, DxCell, DxALL portable device for use of rapid lateral flow tests.

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Buyer(S) 1

Buyer

NOWDiagnostics

Springdale, Arizona, United States

Category Company
Sector Healthcare Services
DESCRIPTION

NOWDiagnostics is an innovative diagnostics testing. Its ADEXUSDx® product line features a “lab at your fingertip” concept, using a single drop of blood to test for a variety of common conditions, illnesses and diseases, with results in a matter of minutes. NOWDiagnostics is based in Springdale, Arizona.


DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-01 ZBx

Toronto, Ontario, Canada

ZBx Corp. is a developer and manufacturer of rapid format, laboratory and point of care diagnostic products in the human and veterinary fields.

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Seller(S) 1

SELLER

Cellmic

Inglewood, California, United States

Category Company
Sector Technology Hardware
DESCRIPTION

Cellmic LLC is a technology company dedicated to improving patient healthcare with the use of smartphones and biophotonics. Cellmic is based in Inglewood, California.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1