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Tripos completes sale of Discovery Informatics business
April 2007
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ST. LOUIS—Tripos Inc. has completed the sale of the assets of its Discovery Informatics business to affiliates of Vector Capital. Vector Capital is a San Francisco-based private equity boutique specializing in buyouts, spinouts and recapitalizations of established technology businesses. Tripos received a final purchase price of $26.2 million for the Discovery Informatics business. This represented an increased purchase price of approximately $575,000 due to improved working capital of the business since the signing of the asset purchase agreement in November 2006. Efforts to sell Tripos' Discovery Research business are continuing.

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