ANN ARBOR, MI - The world of genetic testing is expanding along with Ann Arbor-based Rubicon Genomics.
The company has announced it is merging with Takara Bio USA Holdings Inc. which is acquiring Rubicon along with all outstanding capital stock for $75 million. The deal is anticipated to close in the first quarter of 2017.
Rubicon is a privately-held company in Ann Arbor developing and producing products that aid other companies in testing and analyzing genetic samples. There are about 40 employees.