Thursday, June 18, 2020

Illumina Acquires BlueBee

San Diego-based life sciences giant Illumina said late Wednesday that it has acquired BlueBee, a developer of cloud-based software for genomic analysis. Financial terms of the acquisition were not announced. BlueBee was a spinoff from Delft University of Technology (TU Delft), and was venture backed by Buysse & Partners, Korys, Quest for Growth, Capricorn Partners, Heran Partners, Delft Enterprises and Participatie Maatschappij Vlaanderen. According to Illumina, Netherlands-based BlueBee's capabilities will add cloud capability, which is expected to lower the cost of storing, sharing and managing the enormous volumes of genomic data generated by its more than 15,000 sequencing systems.

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