Tecan Group Acquires SPEware Corporation

September 1, 2016

The Tecan Group announced the acquisition of US-based SPEware Corporation, a provider of mass spectrometry sample preparation solutions, to expand Tecan's dedicated solutions offering and recurring revenues from smart consumables. The deal includes a base cash purchase price of USD 50.0 million plus an earn-out of up to USD 10.0 million and is expected to be immediately accretive to EPS.

Buyers
Tecan Group
Targets
SPEware Corporation
Industry
Medical Devices
Location
California, United States
Transaction Type
Buyout

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