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Excelitas Technologies Corp. - X-Cite Vitae LB 11/24

CELLINK Will Acquire Hybrid Microscopy Developer Discover Echo

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BOSTON, July 1, 2021 — Bioconvergence company CELLINK has entered an agreement to acquire Discover Echo Inc., a San Diego-based microscopy and imaging company. The acquisition is CELLINK’s third since mid-May, when it announced on consecutive days that it had acquired Nanoscribe and Visikol in moves that totaled nearly $80 million and fortified its presence in the biophotonics space. The purchase price of the Discover Echo acquisition is worth $110 million. Discover Echo will continue as a standalone company and under current management following completion of the deal, the closing dates of which were...Read full article

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    Published: July 2021
    BusinessAmericasEuropeBiophotonicslife sciencesMicroscopyImaginghybrid microscopyhybrid microscopeCELLINKCELLINK GroupDiscover Echomicroscope componentsmedicalacquisitionsmergers & acquisitions

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