NEW YORK (GenomeWeb) – Takara Bio USA Holdings will acquire instruments manufacturer WaferGen Biosystems, the companies announced today.

Under the terms of the deal, Takara Bio USA — formerly known as Clontech Laboratories and now a subsidiary of life science company Takara Bio — will pay an aggregate cash price based on a multiple of WaferGen's 2016 calendar year revenues, capped at $50 million. The multiple will be between one and three-and-a-half times WaferGen's full year 2016 revenues — if revenues exceed $9 million, the multiple will be capped at three-and-a-half times.

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