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Abbott completes acquisition of Exact Sciences

PRIVATEAug 21, 2026about 5 hours ago

Acquiring Company

Abbott

Acquired Company

Exact Sciences

MadisonBiotechnologyHealth CareMedicalInformation TechnologyScience And Engineering

Description

Abbott has successfully acquired Exact Sciences, integrating its oncology diagnostics into Abbott's expanding healthcare portfolio. The merger aims to enhance Abbott's position in the rapidly growing oncology diagnostics market. Post-acquisition, Abbott reported significant sales growth, indicating the strong potential of the combined companies. The integration is expected to deepen Abbott's reach in cancer detection and monitoring.

Company Information

Company

Abbott

About

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries. Connect with us at www.abbott.com, on LinkedIn at www.linkedin.com/company/abbott-/, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Exact Sciences?

Exact Sciences was acquired by Abbott. The deal was reported on August 21, 2026. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Abbott is privately held and operates in Biotechnology.

When did Abbott acquire Exact Sciences?

Abbott's acquisition of Exact Sciences was reported on August 21, 2026. Abbott has successfully acquired Exact Sciences, integrating its oncology diagnostics into Abbott's expanding healthcare portfolio. The merger aims to enhance Abbott's position in the rapidly growing oncology diagnostics market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Exact Sciences do?

A leading provider of cancer screening and diagnostic tests, Exact Sciences relentlessly pursues smarter solutions providing the clarity to take life-changing action, earlier. It is privately held, operating in Information Technology, and is based in Madison.

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