# Konica Minolta to acquire Ambry Genetics for up to $1B

Konica Minolta signed a definitive agreement to acquire Ambry Genetics for up to $1 billion, with $800 million paid upon closure and up to $200 million in additional payments.

- Type: Acquisition
- Announced: 2017-07-06
- Where: Aliso Viejo, California, United States
- Value: $1.00B
- Status: announced
- Products: genetic testing solutions
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Konica Minolta](https://endata.com/companies/8328.md) (acquirer)
- [Ambry Genetics](https://endata.com/companies/25398.md) (target)

## Sources

- [konicaminolta.com](https://www.konicaminolta.com/newsroom/2017/0706_01_01.html), 2017-07-06: "Konica Minolta views the addition of Ambry as the first stepping-stone to create an exciting new medical platform aimed at fulfilling the potential of precision medicine."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.