Bruker Corporation to acquire NanoString Technologies, Inc. for approximately $392.6 million
Apr 17, 2024•over 1 year ago
Acquiring Company
Bruker Corporation
Acquired Company
NanoString
BillericaSeattleBiotechnologyLife ScienceBiotechnologyDescription
NanoString Technologies, Inc. has announced that Bruker Corporation will acquire substantially all of its assets for approximately $392.6 million in cash consideration, plus the assumption of certain liabilities. The acquisition by Bruker validates NanoString’s market-leading technology and ensures continuity of NanoString’s business operations and product development initiatives for customers and employees.
M&A Insights
Based on deal dataIntegration 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