Quanterix (QTRX) said Tuesday it plans to acquire Emission, which manufactures dye-encapsulating magnetic beads designed for low and mid-plex assays, for $10 million in cash.
The company said Emission will be entitled to an additional $10 million payment based on achieving certain technical milestones and up to $50 million more in earnout payments based on performance milestones.
Quanterix said the acquisition will allow it to use Emission's beads in its Simoa biomarker detection platform and develop a new multi-plex segment. The company expects to close the transaction in January and estimates the acquisition to be accretive to revenue and gross margins in 2026.
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