Tech Company M&A Transactions
ParAllele BioScience Acquisition
On 5/31/2005, ParAllele BioScience was bought by Affymetrix. The transaction price was $120 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/31/2005
Transaction Type
M&A
Amount
$120,000,000
M&A Terms
ParAllele BioScience, Inc. announced today that it has entered into a definitive agreement to be acquired by Affymetrix Inc. (Nasdaq: AFFX) for approximately $120 million, subject to certain adjustments, including changes in ParAllele's working capital prior to closing.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
7300 Shoreline Court
South San Francisco, CA 94080
USA
South San Francisco, CA 94080
USA
Phone
Website
Email Address
Not Recorded
Overview
ParAllele was founded in 2001 by a team of scientists from the Genome Technology Center at Stanford University. The company currently has 80 employees working at its research facility in South San Francisco.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Tom Willis
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Prev: 5/27/2005: Calypso Medical Technologies venture capital transaction
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