Geospiza, a Seattle maker of gene analysis software, has been acquired by PerkinElmer in a deal of undisclosed size. The company was founded in 1997 and led by Rob Arnold, a former executive at Crossport Systems and ST Labs. PerkinElemer, with annual revenue of $1.7 billion and more than 6,200 employees, said that the acquisition will support its growth in the area of DNA sequencing and analysis services.
“Genomic information is becoming increasingly important in understanding and treating disease. Making sense of the unprecedented volumes of data generated by next generation sequencing and other biological measurements is critical to improve the disease diagnosis process and drug discovery,” said Richard Begley, president of emerging technologies at PerkinElmer.
The two companies are not strangers. Earlier this year, they entered into a multi-year license agreement for Geospiza’s GeneSifter Lab Edition and GeneSifter Analysis Edition.