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Roche Sequencing buys big data company Bina Technologies for $114mm
02 Oct 2020
Executive Summary
Roche Sequencing acquired closely held genomic analysis start-up Bina Technologies Inc. for $91mm up front (of which $13mm is deferred cash consideration to be paid from the date of control to the end of 2017) and $23mm in earn-outs.
Deal Industry
- Research, Analytical Equipment & Supplies
-
Biotechnology
-
Drug Discovery Tools
- Bioinformatics
- Genomics-Proteomics
-
Drug Discovery Tools
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Full Acquisition
- Includes Earnout
- Payment Includes Cash
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Roche Sequencing buys big data company Bina Technologies for $114mm
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