Wednesday, April 4, 2018

Lasergen Acquired By Agilent For $105M

Houston-based Lasergen, a startup developing technology for the DNA sequencing market has been acquired by Agilent Technologies for $105M, the two said late Tuesday. Agilent already owned a 48 percent ownership stake in Lasergen, as part of an investment it made in March of 2016. Agilent said the buy will help it grow in the diagnostics space and build a complete routine clinical NGS (Next Generation Sequencing) workflow. Lasergen was founded in 2002, and had its headquarters in Houston, with another location in San Diego, and has a total of 45 employees.