Agilent pays $105 million to acquire DNA firm Lasergen

4 April 2018

USA-based Agilent Technologies (NYSE: A) has bought DNA sequencing firm Lasergen, paying $105 million for all outstanding shares in the company.

The move follows an initial investment in 2016, in which Agilent bought a 48% stake in the firm, with an option to acquire the rest.

The two firms have since been collaborating on building a sequencing workflow for clinical applications, using Lasergen’s Lightning Terminators chemistry, which they believe can provide faster, more accurate and less expensive genome sequencing.

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