Cooley Advised Proscia on Agreement to Be Acquired By Agilent Technologies
Cooley advised Proscia, a provider of digital pathology software for clinical and life-sciences customers, on its agreement to be acquired by Agilent, a global leader in analytical and clinical laboratory technologies, for $240 million in all-cash at closing and up to an additional $30 million based on achieving future performance milestones. Upon closing, Proscia will become part of the Agilent Life Sciences and Diagnostics Markets Group and will accelerate innovation while continuing to provide customers with the flexibility they need across clinical and life sciences workflows.
The transaction was announced publicly in this press release.
Aaron Binstock, Eddie Sniezek, Patrick Reed, and Sanjay Reddy led the Cooley team advising Proscia.
Danielle Gershowitz, Sacha Ross, Jessica Lauren Koffel, Nyron Persaud, Jonathan Rivinus, Michael Bruno, Joy Chow, Bomin Kim, Tony Guan, Morgan Perna, and Breanna Qin provided invaluable support.
Cooley previously advised Proscia on multiple financing matters leading up to its exit.
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