OXFORD, U.K.--Oxford Molecular Group last month formally completed its acquisition of Genetics Computer Group Inc. (GCG) and the software business of MLR Automation. Both deals were announced in the spring.
GCG is the maker of one of the premier bioinformatics software suites, known as the "Wisconsin Package." MLR's main product is CSAP, which manages data produced by automated high-throughput screening processes. Oxford Molecular initially paid $22.5 million for the two business, with another payment of up to $1.5 million due if MLR reaches certain performance targets.