10x Genomics acquired Tetramer Shop ApS for $8.5 million, a transaction completed in January 2021, structured as All-cash acquisition of 100% of outstanding shares; total cash consideration $8.5M net of $0.2M cash acquired, including $1.5M contingent consideration (paid 2022).
Tetramer Shop ApS operates in Immunology, is based in Copenhagen, Denmark. Acquisition of Copenhagen, Denmark-based Tetramer Shop ApS, a life sciences technology company that developed and provided reagents for precise monitoring of antigen-specific T cells in research and development. The acquisition closed January 8, 2021 and was announced publicly at 10x's inaugural Xperience event on February 24, 2021.
Strengthen 10x's immunology efforts and accelerate development of T cell receptor-based research tools; technology commercialized with the BEAM-T product.
MHC molecule expertise commercialized via the BEAM-T product to strengthen 10x's immunology portfolio. Immunology / BEAM-T product
We had a solid start to the year highlighted by strong growth across the business and the incredible response to the innovation revealed at our inaugural Xperience event.Serge Saxonov, Co-founder and CEO of 10x Genomics
Advisory firms were not disclosed for this transaction.