Tech Company M&A Transactions
Animas Acquisition
Headquartered in West Chester, Animas was acquired by Johnson & Johnson. The parties disclosed the acquisition price to be $518 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/16/2005
Transaction Type
M&A
Amount
$518,000,000
M&A Terms
Under the terms of the agreement, Animas stockholders will receive $24.50 for each outstanding Animas share. The net value of the transaction as of the anticipated closing date is estimated to be approximately $518 million based upon Animas' 22 million fully diluted shares outstanding, net of estimated cash on hand at time of closing.
Company Information
Company Status
Acquired or Merged
Industry
Healthcare IT
Mailing Address
200 Lawrence Dr.
West Chester, PA 19380
USA
West Chester, PA 19380
USA
Phone
Website
Email Address
Not Recorded
Overview
Animas is dedicated to making diabetes management easier through product innovation, exceptional customer support and customized education programs. Our mission is to improve the lifestyle of our patients, reduce the long-term morbidity of the disease and lower healthcare costs.
Management Team
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