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New Deal


Announced

Illumina to acquire BlueBee.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Data Centers and Hosting

Pending

cloud-based data platform

Acquisition

Single Bidder

Majority

Private

Private Equity

Netherlands

Venture Capital

Synopsis

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Illumina, a developer and manufacturer of integrated systems, agreed to acquire BlueBee, a cloud-based software company, from a consortium of investors comprising of Buysse & Partners, Korys, Quest for Growth, Capricorn Partners, Heran Partners, Delft Enterprises and PMV. Financial terms were not disclosed. “Together with Illumina we can create a sample to insight ecosystem for genomics while further expanding the utility of sequencing data. Our team is encouraged at the prospect of joining Illumina where we believe we can merge high power computing and advanced data science technologies to help propel genomics forward and deliver on its clinical promise,” Hans Cobben, BlueBee CEO.

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