The company is selling its applied, food, and enterprise services to New Mountain Capital for $2.45 billion in cash.
Novacyt to Sell Cytology, Clinical Lab Units
The company said it will sell off the businesses in order to focus on in vitro diagnostic product development and its diagnostic reagent units.
Rosetta Genomics Inks Deal to Sell PersonalizeDx for $2.9M
Rosetta acquired PersonalizeDx and its range of molecular diagnostic offerings in early 2015 for $2 million in cash plus stock.
Hologic Completes Divestiture of Grifols for $1.85B
Hologic's CEO said in December that the blood screening business was a drag on the company's growth.
PerkinElmer Sells Medical Imaging Business for $276M
The company said the divestiture to Varian Medical Systems would allow it to concentrate on investing in high-growth parts of its business.
Dec 1, 2015
Transgenomic Completes Sale of GAP Business Unit
Dec 31, 2012
Quest Diagnostics Divests OralDNA Labs
Dec 13, 2012
Affy's eBioscience Divests Western Blot Product Line
Jun 29, 2012
Thermo Fisher to Sell Lab Workstations Business
Dec 20, 2011