Life Technologies Acquires Ion Torrent Systems for $725,000,000

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    Ion Torrent Systems
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    37 Soundview Road Guilford, CT 06437
  • Company Description
    Ion Torrent has pioneered an entirely new approach to sequencing that enables a direct connection between chemical and digital information. Ion Torrent™ technology doesn’t use light—it’s the first commercial PostLight™ sequencing technology.
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    Life Technologies Corporation (NASDAQ: LIFE), a provider of innovative life science solutions, today announced a definitive agreement to acquire Ion Torrent for $375 million in cash and stock. The sellers are entitled to additional consideration of $350 million in cash and stock upon the achievement of certain technical and time-based milestones through 2012.

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