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Agilent to acquire Biocare Medical in $950 million all-cash deal

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M&A & RestructuringHealthcare & BiotechCompany Fundamentals

Agilent Technologies will acquire clinical pathology firm Biocare Medical for $950 million in an all-cash deal. The transaction expands Agilent's clinical diagnostics/pathology capabilities and is a strategic M&A move that should modestly affect Agilent's diagnostics revenue mix and could move the company's stock in the near term.

Analysis

Agilent Technologies will acquire clinical pathology firm Biocare Medical for $950 million in an all-cash deal. The transaction expands Agilent's clinical diagnostics/pathology capabilities and is a strategic M&A move that should modestly affect Agilent's diagnostics revenue mix and could move the company's stock in the near term.

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