Company to acquire Silicon Genetics, a provider of life science informatics
Agilent Technologies and Silicon Genetics have announced an agreement for the former to acquire the latter.
With the addition of Silicon Genetics's genomics data analysis and management tools to its portfolio, Agilent says it will become a market leader in life science informatics.
The acquisition is subject to closing conditions, and financial details of the agreement were not disclosed.
"Silicon Genetics brings Agilent an outstanding informatics product portfolio and a strong team of people with extensive experience in software development, marketing, sales and support," said Fran DiNuzzo, vice president and general manager of Agilent's Integrated Biology Solutions business.
"Our combined organisations will offer customers an unparalleled range of informatics solutions spanning applications in gene expression, genotyping and protein identification".
Silicon Genetics, privately held, has been recognised as one of the fastest-growing technology companies in North America with inclusion on the Deloitte Technology Fast 500 and several other industry rankings.
Silicon Genetics's customers include more than 600 leading pharmaceutical companies, academic institutions and major research organisations around the world.