ARTICLE | Company News

Celera Genomics Group, City of Hope Cancer Center, Paracel Inc. deal

March 27, 2000 8:00 AM UTC

CRA signed a definitive agreement to acquire Paracel in a stock transaction valued at $283 million. Paracel shareholders will receive between 1.55 million and 2.26 million CRA shares depending on CRA's market value when the merger is effected. Paracel develops GeneMatcher DNA sequence comparison supercomputer and sequence analysis software tools and the TextFinder text search supercomputer. ...