908 Devices Acquires TRACE Analytics GmbH

August 9, 2022

908 Devices (Nasdaq: MASS) has completed the acquisition of TRACE Analytics GmbH, a Braunschweig, Germany-based provider of on-line aseptic sampling systems and biosensors for bioreactor monitoring. The purchase consideration includes $15.3 million in cash up front plus up to $2.0 million of contingent consideration, and 908 Devices says the acquisition will enable its mass spec devices to perform on-line bioprocess monitoring and advance its bioanalytics platform.

Buyers
908 Devices
Targets
TRACE Analytics GmbH
Industry
Medical Devices
Location
Lower Saxony, Germany
Transaction Type
Buyout

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