M&A Deal Summary

Telesis Bio Acquires Eton Bio

On November 9, 2021, Telesis Bio acquired medical products company Eton Bio for 13M USD

Acquisition Highlights
  • This is Telesis Bio’s 1st transaction in the Medical Products sector.
  • This is Telesis Bio’s largest (disclosed) transaction.
  • This is Telesis Bio’s 1st transaction in the United States.
  • This is Telesis Bio’s 1st transaction in California.

M&A Deal Summary

Date 2021-11-09
Target Eton Bio
Sector Medical Products
Buyer(s) Telesis Bio
Deal Type Add-on Acquisition
Deal Value 13M USD

Target

Eton Bio

San Diego, California, United States
Eton Bio is a biotech company specializing in DNA sequencing and oligo synthesis solutions. The company offers DNA sequencing services and products such as antibodies, peptides, metabolism assay kits, and more. Eton Bio was founded in 2003 and is based in San Diego, California.

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Buyer(S) 1

Buyer

Telesis Bio

San Diego, California, United States

Category Company
Founded 2011
Sector Medical Products
Employees39
Revenue 28M USD (2023)
DESCRIPTION

Codex DNA is building biology. Creators of the BioXp system, the world’s only fully automated gene synthesis platform, and the industry-standard Gibson Assembly method, Codex DNA is focused on enabling researchers with the tools they need to rapidly and securely design, code and create synthetic DNA. Codex DNA was incorporated in 2011 and is headquartered in San Diego, California.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
Size (of disclosed) 1 of 1