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Affymetrix To Acquire Panomics

Affymetrix (Booth 631) has entered into a definitive agreement to acquire Panomics Inc. , a privately held Fremont, CA-based company that offers a suite of assay products for a wide variety of low to mid-plex genetic, protein and cellular analysis applications. The acquisition will strengthen Affymetrix’s position in high-growth validation and routine-testing market segments, according...

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Affymetrix buys Panomics for $73M

Affymetrix, a genetic data analysis equipment maker, announced today that it will purchase Fremont, CA-based Panomics for $73 million. Panomics has a suite of assay products for a wide variety of low to mid-plex genetic, protein and cellular analysis applications. Affymetrix says the buyout will boost its high-growth validation and routine-testing market segments. "As one company, we...

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Affymetrix to acquire Panomics for $73M

Affymetrix Inc. has entered an agreement to buy Panomics Inc. of Fremont for $73 million in a cash deal, the company said Tuesday. (AFFX)

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Affymetrix Gets Specific

Like Affymetrix's purchase of USB, the main benefit from purchasing Panomics will probably come in the form of cross-selling products. Affymetrix's products look at all of the genes in an organism, while Panomics' products are designed to look at specific genes. Affymetrix will also gain access to the research labs where Panomics has placed 5,600 instruments. As someone who's worked...

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Affymetrix to buy Panomics for $73M

Affymetrix Inc. said Tuesday it agreed to pay about $73 million in cash to acquire Panomics Inc., a privately held company that offers assay products for low to mid-plex genetic, protein and cellular analysis applications. (AFFX)

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Affymetrix to buy Panomics for $73M

Affymetrix Inc. said Tuesday it agreed to pay about $73 million in cash to acquire Panomics Inc., a privately held company that offers assay products for low to mid-plex genetic, protein and cellular analysis applications.

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Affymetrix to Acquire Panomics

SANTA CLARA, Calif.--(BUSINESS WIRE)--Affymetrix Inc. (Nasdaq:AFFX) announced today that it has entered into a definitive agreement to acquire Panomics Inc., a privately held Fremont,

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Affymetrix Announces New Cost-effective Product for Standardizing Drug Metabolism Studies

SANTA CLARA, Calif.--(BUSINESS WIRE)--Affymetrix, Inc. (Nasdaq:AFFX) today announced the DMET™ Plus Premier Pack, the most comprehensive method for standardizing

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Affymetrix swings to $32M loss

Affymetrix Inc. reported a $31.8 million loss for the September quarter. (AFFX)

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Affymetrix names president, King, to succeed Fodor as CEO

TEL AVIV (MarketWatch) -- Affymetrix Inc., the Santa Clara, Calif., developer of products based on genetic microarray technology, named Kevin M. King chief executive and a director, effective Jan. 1. As CEO, King, who is currently president, will succeed Stephen P.A. Fodor, Affymetrix's founder, the company said in a statement late on Wednesday. Fodor will take the post of executive...

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Affymetrix, Inc. Q3 2008 Earnings Call Transcript

Affymetrix, Inc. (AFFX) Q3 2008 Earnings Call Transcript Complete Story »

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Affymetrix Has Trouble Turning Around

The good news is that Affymetrix has been in the business for a long time and therefore has a huge installed base. Its instruments are still being used, and sales of consumable products actually increased versus the year-ago quarter. That'll keep it afloat, but long term, Affymetrix has to increase sales of its machines if it's going to grow revenues.

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Affymetrix to change CEOs

Affymetrix Inc. will transfer top executive responsibility at the company from CEO and Chairman Stephen Fodor to President Kevin King over the next two months. (AFFX)

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Affymetrix Reports Third Quarter 2008 Results

Affymetrix Inc., (Nasdaq:AFFX) today reported its operating results for the third quarter of 2008. Total revenue for the quarter was $75.2 million, as compared to total revenue of $95.0 million in the third quarter of 2007.