M&A Deal Summary

Riot Acquires Strand Life Sciences Pvt.

On January 27, 2016, Riot acquired life science company Strand Life Sciences Pvt.

Acquisition Highlights
  • This is Riot’s 1st transaction in the Life Science sector.
  • This is Riot’s 1st transaction in India.

M&A Deal Summary
Date 2016-01-27
Target Strand Life Sciences Pvt.
Sector Life Science
Buyer(s) Riot
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking
Oppenheimer & Co. (Financial)
BakerHostetler (Legal)

Target

Strand Life Sciences Pvt.

Bangalore, India
Strand Life Sciences Pvt. Ltd. is a privately held India-based genomic profiling company that uses next-generation sequencing (NGS) technology aimed at empowering cancer care.

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Buyer(S) 1

Buyer

Riot

Castle Rock, Colorado, United States
Category Company
Founded 2000
Sector Information Technology
Employees8
Revenue 281M USD (2023)
DESCRIPTION

Riot is focused on building, supporting and operating Blockchain technologies. Riot was founded in 2000 and is based in Castle Rock, Colorado.

DEAL STATS #
Overall 1 of 5
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 4
Country (India) 1 of 1
Year (2016) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-13 BiOptix Diagnostics

Boulder, Colorado, United States

BiOptix Diagnostics, Inc. is a provider of an enhanced surface plasmon resonance (“SPR”) instrument designed to increase the flexibility and reliability of SPR.

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Company

Legal