ARTICLE | Company News

Life Technologies to acquire BioTrove

November 11, 2009 1:49 AM UTC

Life Technologies Corp. (NASDAQ:LIFE) will acquire BioTrove Inc. (Woburn, Mass.) for an undisclosed amount. BioTrove has two marketed technologies: the OpenArray platform for genomic analysis and the RapidFire system for drug discovery. Life said the OpenArray technology complements its line of assay products and that the acquisition will build on a 2007 deal between BioTrove and Life subsidiary Applied Biosystems, which received rights to market OpenArray for genotyping applications. Life was formed when Invitrogen Corp. acquired Applied Biosystems Group last year. ...