Friday, November 24, 2006 6:30:00 AM PDT | VentureDeal Staff
SAN JOSE, CA -- Applied Imaging, a San-Jose-based developer of automated image and image analysis systems, has agreed to be acquired by Genetix Group plc, a UK cell biology and genomics health technology group.The transaction, which was agreed to by Applied Imaging's board in September, was approved by the company's shareholders when Genetix increased its bid after a third party made an unsolicited bid during the approval process.The original bid was $18.3 million and was increased to about $19.6 million.
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