Acquiring Company
Ginkgo Bioworks
Acquired Company
Altar
BostonSustainabilityScience And EngineeringSoftwareBiotechnologyManufacturingDescription
Ginkgo Bioworks (NYSE: DNA), the leading horizontal platform for cell programming, today announced the tuck-in acquisition of Altar, a French biotechnology company that has developed a proprietary adaptive evolution platform. A fleet of Altar's automated adaptive laboratory evolution (ALE) instruments will be integrated into Ginkgo's Foundry to serve customers across food and beverage, biofuels, biomaterials, cosmetics, animal health and human health applications, among others. Ginkgo has successfully collaborated with Altar on customer programs historically and is excited to welcome them to the team.
DealWatch™ Score
66
High M&A Activity
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Based on deal dataIntegration timeline
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