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  6. Ocimum Biosolutions Acquires Gene Logic

M&A Deal Summary

Ocimum Biosolutions Acquires Gene Logic

On October 15, 2007, Ocimum Biosolutions acquired healthcare services company Gene Logic for 10M USD

Acquisition Highlights
  • This is Ocimum Biosolutions’ 1st transaction in the Healthcare Services sector.
  • This is Ocimum Biosolutions’ largest (disclosed) transaction.
  • This is Ocimum Biosolutions’ 1st transaction in the United States.
  • This is Ocimum Biosolutions’ 1st transaction in Maryland.

M&A Deal Summary
Date 2007-10-15
Target Gene Logic
Sector Healthcare Services
Buyer(s) Ocimum Biosolutions
Deal Type Add-on Acquisition
Deal Value 10M USD
Advisor(s) Aquilo Partners (Financial)

Target

Gene Logic

Gaithersburg, Maryland, United States
Gene Logic, Inc. provides comprehensive genomic reference databases, life science lab information management solutions, GLP-compliant microarray services, and essential research consumables. Gene Logic is based in Gaithersburg, Maryland.

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Buyer(S) 1

Buyer

Ocimum Biosolutions

Hyderabad, India
Category Company
Founded 2000
Sector Life Science
DESCRIPTION

Ocimum Biosolutions, Ltd. provides information products and software solutions for the research community; basic reagents required in a genomics lab; and outsourced research services, including gene expression analysis, genotyping and hybridization services. Ocimum Biosolutions was founded in 2000 and is based in Hyderabad, India.

DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1
Size (of disclosed) 1 of 1
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