Acquiring Company
Oxford Nanopore Technologies
Acquired Company
Northern Nanopore Instruments
Oxford
OttawaBiotechnologyBiotechnologyHealth CareDescription
Oxford Nanopore Technologies has acquired Ottawa-based Northern Nanopore Instruments. This acquisition took place in late 2023, driven by Northern Nanopore's challenges in securing necessary funding for growth within Canada. The deal highlights the ongoing trend of Canadian tech companies being acquired by foreign buyers due to difficulties in scaling.
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Based on deal dataFrequently asked
Who acquired Northern Nanopore Instruments?
Northern Nanopore Instruments was acquired by Oxford Nanopore Technologies, based in Oxford. The deal was reported on August 27, 2026. Oxford Nanopore Technologies is an England-based company specializing in nanopore DNA-sequencing. The company is dedicated to developing innovative DNA sequencing technologies for various scientific applications. Oxford Nanopore Technologies is privately held and operates in Biotechnology.
When did Oxford Nanopore Technologies acquire Northern Nanopore Instruments?
Oxford Nanopore Technologies's acquisition of Northern Nanopore Instruments was reported on August 27, 2026. Oxford Nanopore Technologies has acquired Ottawa-based Northern Nanopore Instruments. This acquisition took place in late 2023, driven by Northern Nanopore's challenges in securing necessary funding for growth within Canada. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Northern Nanopore Instruments do?
Northern Nanopore Instruments is a deep tech startup focused on developing advanced nanopore sensing technologies for various applications. The company aims to make significant contributions to state-of-the-art sensing solutions. It is privately held, operating in Biotechnology, and is based in Ottawa.
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