NEW YORK (GenomeWeb News) – Qiagen announced after the close of the market on Monday that it has acquired genomic data software company Ingenuity Systems for $105 million in cash.

Based in Redwood City, Calif., Ingenuity has developed a knowledge system of biomedical information and analysis solutions that researchers can use to interpret and analyze complex biological systems. In particular, Qiagen noted, with massive amounts of data being generated by new technologies such as next-generation sequencing, being able to make sense of the data is "a critical success factor."

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