Life Technologies Buys VisiGen for $20M

Xconomy San Diego — 

Life Technologies, the Carlsbad, CA-based maker of lab supplies created by the merger of Invitrogen and Applied Biosystems, has acquired Houston-based VisiGen Biotechnologies for about $20 million. VisiGen, a spin-off from the University of Houston, is working on a new process to sequence individual genomes for as little as $1,000, according to its website.