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Leica Biosystems Acquires Cell Idx, Moving Its Multiplexing Menu Forward With Ready-To-Use, Pre-Kitted Formulations

Nov 08, 2022about 3 years ago

Acquiring Company

Leica Biosystems

Acquired Company

CELL IDX, INC

BostonSan DiegoNatural Language ProcessingMachine LearningArtificial Intelligence

Description

Leica Biosystems, a technology leader in automated staining and brightfield and fluorescent imaging, has acquired Cell IDx, Inc., a leader in multiplexed tissue profiling. Founded in 2012 and headquartered in San Diego, California, Cell IDx provides multiplex staining panels, tissue staining, and imaging and analysis services.

Company Information

Company

Leica Biosystems

Location

Boston, Massachusetts, United States

About

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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