July 6, 2017
Ambry: Charles Dunlop and Aaron Elliott
Stories this photo appears in:
Japanese printer maker Konica Minolta Inc. and Innovation Network Corporation of Japan (INCJ) closed their joint acquisition of genetic diagnostics company Ambry Genetics Corp., in Aliso Viejo.
Japanese Printer Maker Ups Game in Diagnostics With Buy
Ambry Genetics Corp., a closely held genetic diagnostics company in Aliso Viejo, just sold for $800 million—maybe more. The Japanese photocopier and printer maker Konica Minolta signed a definitive agreement to buy the Aliso Viejo-based company comprised of $800 million upon closure and an additional payment of up to $200 million over the next two years if certain financial goals are met.
Konica Minolta has signed a definitive agreement to buy Aliso Viejo-based genetic testing company Ambry Genetics Corp., the companies said.