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Clarient sells ACIS business to Carl Zeiss
April 2007
SHARING OPTIONS:

ALISO VIEJO, Calif.Clarient Inc. announced in early March that it agreed to sell its ACIS and Trestle instrument systems business assets and related intellectual property to Carl Zeiss MicroImaging Inc. for $11 million in cash, and up to an additional $1.5 million subject to satisfaction of certain post-closing conditions. "The timing for this sale is ideal, and Zeiss is the perfect partner," says Clarient President and CEO Ron Andrews. "We have diligently planned and executed Clarient's transformation into a leading diagnostic services company. This transaction enables us to explore greater opportunities without the financial limitations that have restrained us in recent years. Additionally, we believe that our relationship with Zeiss will provide us access to the critical technologies that we need to develop novel markers, which will ultimately be used to monitor cancer and tailor individualized therapies."

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