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Bode Technology acquires Chromosomal Laboratories
Feb 14, 2012 (Datamonitor Financial Deals Tracker via COMTEX) --
The Bode Technology Group, Inc., a provider of forensic DNA services, has acquired Chromosomal Laboratories, Inc., an analytical laboratory specializing in DNA analysis for forensic casework, convicted offender databasing, paternity, family reconstruction, ancestry, and research and development. Both companies are based in the US.
Bode Technology is a wholly-owned subsidiaries of SolutionPoint International, Inc.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Completed: 2012-02-13
Deal Participants
Target (Company) Chromosomal Laboratories, Inc.
Acquirer (Company) The Bode Technology Group, Inc.
Deal Rationale
The acquisition will allow Bode to provide best in class immigration paternity and private paternity testing to clients worldwide through utilizing Chromosomal Laboratories' vast international and domestic presence.
Chromosomal Laboratories's immigration and paternity testing complements Bode's strengths in forensic casework and databasing, and enables Bode to expand its domestic and international offerings.
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