Bio Image, PBA Technology Ltd. deal

The companies will merge to form Genomic Solutions Inc. to develop laboratory systems for genomics and proteomics research. Under the merger, Bio Image, a molecular image processing and data analysis company, will acquire all the shares of PBA, a robotics and instrumentation company, in exchange for newly issued shares. The new company will be headquartered in Ann Arbor, with offices in Tokyo, Japan, and Cambridgeshire, U.K. ...