Camtech Pte Ltd acquires OpGen's Unyvero systems and Curetis assets for strategic expansion
Apr 30, 2024•over 1 year ago
Acquiring Company
Camtech Pte Ltd
Acquired Company
OpGen
Singapore
RockvilleHealth CareBiotechnologyDescription
OpGen, Inc. has entered into an agreement to sell its commercial customer contracts and installed base of Unyvero systems to Camtech Pte Ltd for $218,000. Additionally, Camtech has acquired assets, rights, and businesses of Curetis GmhH. OpGen plans to collaborate with Camtech and the Curetis team to transfer and transition its U.S. Unyvero customers and business, as part of preparing for a potential strategic transaction and a potential reverse merger of a private company into OpGen.
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
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