Illumina Buys PacBio for $1.2bn

DNA sequencing company Pacific Biosciences (PacBio) is being bought for $1.2bn by bigger rival Illumina, it was announced yesterday. The deal represents a 71% premium on yesterday’s closing price for PacBio, and is the largest that Illumina has ever made.See it on Scoop.it, via Viruses, Immunology & Bioinformatics from Virology.uvic.ca
Illumina Buys PacBio for .2bn
Source: Viral Bioinformatics

You may also like...