M&A
confidence high
sentiment positive
materiality 0.70
ILLUMINA, INC. (ILMN): M&A transaction — Illumina completes $350M acquisition of SomaLogic from Standard BioTools
ILLUMINA, INC.
- Purchase price $350M in cash plus up to $75M in performance milestones and royalties.
- SomaLogic's proteomics tech (SomaScan, SomaSignal) expands Illumina's multiomics portfolio.
- Acquisition funded with cash on hand; financial impact discussed on Feb 5, 2026 earnings call.
- Builds on co-development partnership established in 2021 for NGS-based proteomics.