Tech Company M&A Transactions

Ion Torrent Systems Acquisition

Ion Torrent Systems was acquired by Life Technologies. The deal was announced on 8/17/2010. Life Technologies said the transaction price was $725 million.

Transaction Overview

Announced On
8/17/2010
Transaction Type
M&A
Amount
$725,000,000
M&A Terms
Life Technologies Corporation (NASDAQ: LIFE), a provider of innovative life science solutions, today announced a definitive agreement to acquire Ion Torrent for $375 million in cash and stock. The sellers are entitled to additional consideration of $350 million in cash and stock upon the achievement of certain technical and time-based milestones through 2012.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
37 Soundview Road
Guilford, CT 06437
USA
Email Address
Overview
Ion Torrent has pioneered an entirely new approach to sequencing that enables a direct connection between chemical and digital information. Ion Torrent technology doesn't use light--it's the first commercial PostLight sequencing technology.
Profile
Ion Torrent Systems LinkedIn Company Profile
Social Media
Ion Torrent Systems Company Twitter Account
Company News
Ion Torrent Systems News
Facebook
Ion Torrent Systems on Facebook
YouTube
Ion Torrent Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jonathan Rothberg
  Jonathan Rothberg LinkedIn Profile  Jonathan Rothberg Twitter Account  Jonathan Rothberg News  Jonathan Rothberg on Facebook
President
Gregg Fergus
  Gregg Fergus LinkedIn Profile  Gregg Fergus Twitter Account  Gregg Fergus News  Gregg Fergus on Facebook
VP - Engineering
Thomas Roth
  Thomas Roth LinkedIn Profile  Thomas Roth Twitter Account  Thomas Roth News  Thomas Roth on Facebook
VP - Finance
Jamie Kole
  Jamie Kole LinkedIn Profile  Jamie Kole Twitter Account  Jamie Kole News  Jamie Kole on Facebook
VP - Manufacturing
Wayne Woodard
  Wayne Woodard LinkedIn Profile  Wayne Woodard Twitter Account  Wayne Woodard News  Wayne Woodard on Facebook
VP - Marketing
Maneesh Jain
  Maneesh Jain LinkedIn Profile  Maneesh Jain Twitter Account  Maneesh Jain News  Maneesh Jain on Facebook
VP - Sales
Brian McKelligon
  Brian McKelligon LinkedIn Profile  Brian McKelligon Twitter Account  Brian McKelligon News  Brian McKelligon on Facebook
VP - Sales
Armin Winands
  Armin Winands LinkedIn Profile  Armin Winands Twitter Account  Armin Winands News  Armin Winands on Facebook


 

 

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