Tech Company M&A Transactions
Genaco Biomedical Products Acquisition
Headquartered in Huntsville, Genaco Biomedical Products was bought by Qiagen N.V.. The parties disclosed the acquisition price to be $22 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/10/2006
Transaction Type
M&A
Amount
$22,000,000
M&A Terms
Also as part of the deal, Qiagen will pay up to $18 million in milestone payments, which to a significant extent are triggered by the receipt of anticipated grants and comparable funding.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
2707 Artie StreetBuilding 100 20
Huntsville, AK 35805
USA
Huntsville, AK 35805
USA
Phone
Website
Email Address
Not Recorded
Overview
Huntsville, Ala.-based Genaco is relying on a diagnostic testing approach in which multiple targets are screened in a single test.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jian Han
Browse more venture capital transactions:
Prev: 11/10/2006: Transcend Medical venture capital transaction
Next: 11/10/2006: Photobucket venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs