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Cepheid, Sequenom Acquisitions Further Consolidate Lab Testing

Danaher purchases Cepheid for $4 billion while LabCorp snaps up Sequenom for $371 million

TWO ACQUISITIONS FURTHER consolidated the clinical laboratory testing industry in recent weeks. The acquired companies were Sequenom and Cepheid. Sequenom went first. On July 27, Laboratory Corporation of America announced an agreement to acquire Sequenom for a purchase price of about $371 million. It was Cepheid’s turn next. Just 11 days later, on Sept. 6, Danaher Corporation …

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