.
MergerLinks Header Logo

New Deal


Announced

Summa Equity-backed Axion Biosystems to acquire CytoSMART.

Financials

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

Tags

Edit

Germany

Private

Majority

Private Equity

Single Bidder

cell imaging systems

Cross Border

Pending

Biotechnology

Friendly

Acquisition

Synopsis

Edit

Summa Equity-backed Axion Biosystems, a live-cell assay systems, agreed to acquire CytoSMART, a live-cell imager capable of producing high-quality, whole-well brightfield or high-throughput fluorescence images of living cells. Financial terms were not disclosed. “Since Axion BioSystems’ inception, our focus has been on developing user-centric products that accelerate scientific discovery, with the specific goal of building innovative systems that monitor cellular activity without disturbing the underlying biology. The Maestro, our flagship bioelectronic assay (BEA) platform, has transformed neurological disease research over the past 14 years. Likewise, our most recent addition to the BEA portfolio is doing the same in groundbreaking fields like immunotherapy,” Tom O’Brien, Axion BioSystems President and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US