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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 not specified in a press release announcing the deal.
“The world of microscopy is going through a massive transformation, and we are very…READ MORE