M&A Deal Summary

Ventana Medical Systems Acquires BioImagene

On August 23, 2010, Ventana Medical Systems acquired life science company BioImagene for 100M USD

Acquisition Highlights
  • This is Ventana Medical Systems’ 2nd transaction in the Life Science sector.
  • This is Ventana Medical Systems’ largest (disclosed) transaction.
  • This is Ventana Medical Systems’ 2nd transaction in the United States.
  • This is Ventana Medical Systems’ 2nd transaction in California.

M&A Deal Summary

Date 2010-08-23
Target BioImagene
Sector Life Science
Buyer(s) Ventana Medical Systems
Deal Type Add-on Acquisition
Deal Value 100M USD

Target

BioImagene

Sunnyvale, California, United States
BioImagene is a provider of innovative and scalable digital pathology solutions. The company's total digital pathology solution is comprised of the Virtuoso™ digital pathology application software, iScan™ family of automated digital slide scanners, and a rich menu of Companion Algorithms™. BioImagene's innovative product line includes a unique image viewing input device called the iSlide™, and a high-performance pathology workstation called Crescendo™.

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Buyer(S) 1

Buyer

Ventana Medical Systems

Tucson, Arizona, United States

website


Category Company
Founded 1985
Sector Medical Products
DESCRIPTION

Ventana develops, manufactures, and markets instrument/reagent systems that automate tissue preparation and slide staining in clinical histology and drug discovery laboratories worldwide. The company's clinical systems are important tools used in the diagnosis and treatment of cancer and infectious diseases.


DEAL STATS #
Overall 2 of 2
Sector (Life Science) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (California) 2 of 2
Country (United States) 2 of 2
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-04 Spring Bioscience

Pleasanton, California, United States

Spring Bioscience, Inc. is a designer, manufacturer, and seller of antibody biomarkers to research and diagnostic communities.

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