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Genetix to Acquire Applied Imaging for $18M

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SAN JOSE, Calif., Sept. 7, 2006 -- Applied Imaging Corp., a supplier of automated imaging and image analysis systems, announced that it will be acquired by Genetix Group plc., the UK-based cell biology, proteomics and genomics health technology group, in an all-cash transaction valued at $18.3 million. Under the terms of the agreement, which is subject to approval by Applied Imaging's stockholders, Genetix will pay $3.06 per share to acquire all of Applied Imaging's common stock. The deal is expected to close in the fourth quarter of 2006. Based in New Milton, Hampshire, England, Genetix manufactures systems that...Read full article

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    Published: September 2006
    Glossary
    brightfield
    Brightfield refers to a type of microscopy and imaging technique in which the specimen is illuminated with a white light source, and the image is observed or captured against a bright background. In a bright-field microscope, the specimen appears darker against a bright background, providing high contrast for transparent or lightly stained samples. Key characteristics of bright-field microscopy include: Illumination: In bright-field microscopy, the entire specimen is illuminated with a...
    fluorescence
    Fluorescence is a type of luminescence, which is the emission of light by a substance that has absorbed light or other electromagnetic radiation. Specifically, fluorescence involves the absorption of light at one wavelength and the subsequent re-emission of light at a longer wavelength. The emitted light occurs almost instantaneously and ceases when the excitation light source is removed. Key characteristics of fluorescence include: Excitation and emission wavelengths: Fluorescent materials...
    acquisitionsanalysisApplied Imagingbrightfieldcell biologyfluorescenceGenetixgenomicsImagingMicroscopyNews & Featuresproteomics

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