Bruker to Acquire the NanoString Business in an Asset Deal [Yahoo! Finance]
Bruker Corporation (BRKR)
Last bruker corporation earnings: 10/31 04:05 pm
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Source: Yahoo! Finance
BILLERICA, Mass., April 22, 2024 BUSINESS WIRE Bruker Corporation (Nasdaq: BRKR) today announced that it has entered into a definitive acquisition agreement with NanoString Technologies, Inc. , headquartered in Seattle, Washington, a leading provider of solutions for spatial transcriptomics and gene expression analysis. Under the asset purchase agreement, Bruker expects to acquire substantially all of the assets and rights associated with NanoString's business, including the nCounter ® , GeoMx ® , CosMx™ and AtoMx™ product lines, for approximately $392.6 million in cash, and the assumption of certain liabilities. In 2023, NanoString generated revenues of approximately $168 million. On April 19, 2024, the transaction was approved under a court-supervised Chapter 11 sale process pursuant to Section 363 of the U.S. Bankruptcy Code, and it is expected to close in the second quarter of 2024, subject to customary closing conditions. NanoString is a provider of life science tools for
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News
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- Bruker Reports First Quarter 2024 Financial ResultsBusiness Wire
BRKR
Earnings
- 5/2/24 - Beat
BRKR
Sec Filings
- 5/2/24 - Form 8-K
- 5/2/24 - Form 8-K
- 4/22/24 - Form 8-K
- BRKR's page on the SEC website