Agilent Completes Acquisition of Lasergen, Inc.
Agilent Technologies, Inc. (A)
Last agilent technologies, inc. earnings: 2/18 04:05 pm
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Source: Business Wire
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Agilent Technologies Inc. (NYSE: A) today announced that it has completed the acquisition of Lasergen, Inc. (Lasergen), an emerging biotechnology company focused on research and development of innovative technologies for DNA sequencing. In March 2016 Agilent made an initial investment in the Houston, Texas based privately-held company to acquire a 48-percent ownership stake with a two-year call option to acquire the remaining shares for $105 million. Agilent gave its notice of exercise on February 23, 2018. “We are pleased to complete our acquisition of Lasergen,” said Sam Raha, president of Agilent’s Diagnostics and Genomics Group. “We are excited to welcome our Lasergen colleagues to the Agilent family, and look forward to continuing our work as one team focused on building a next-generation sequencing workflow for clinical applications.” Since Agi
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