Tech Company M&A Transactions
Arryx Acquisition
Arryx was acquired by Haemonetics. The acquisition was announced on 1/8/2006. Deal value was $26 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/8/2006
Transaction Type
M&A
Amount
$26,000,000
M&A Terms
Haemonetics Corporation (NYSE: HAE) and Arryx, Inc., a privately held nano-technology company, today announced that they have signed a definitive agreement whereby Haemonetics will acquire the outstanding shares of Arryx that it does not already own for $26 million in cash. Haemonetics and Arryx have been collaborating since October 2004 in developing and commercializing proprietary blood separation and processing technologies.
Company Information
Company Status
Acquired or Merged
Industry
Nanotechnology
Mailing Address
316 North Michigan Ave. CL20
Chicago, IL 60601
USA
Chicago, IL 60601
USA
Phone
Website
Email Address
Not Recorded
Overview
Holographic Optical Trapping (HOT)uses a holographic device (such as a spatial light modulator, SLM) to sculpt the light from a laser into hundreds of independently controllable optical traps that can be positioned and moved in three dimensions. These optical traps can be used for precise manipulations and measurements of microscale and nanosale systems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kenneth Bradley
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