Qiagen Agrees to Acquire AI Company Genoox

Dow Jones

May 13, 2025

By Stephen Nakrosis

Qiagen said it agreed to acquire Genoox, a provider of AI-powered software, for $70 million in cash, along with additional milestone payments of up to $10 million.

Qiagen said Monday the acquisition will add Franklin, Genoox's flagship cloud-based community platform, to its digital insights portfolio. In addition, the deal creates a path to integrate Qiagen's genomic content into the Franklin platform, the company said.

The deal will strengthen Qiagen's offering for small and mid-sized labs, the company added.

Franklin enables labs to analyze next-generation sequencing data, and delivers real-time, AI-driven insights, Qiagen said.

The Genoox acquisition is expected to generate about $5 million of sales in 2025 and have a neutral impact on adjusted earnings per share, according to Qiagen.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

May 12, 2025 17:36 ET (21:36 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2535780707"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2535780707\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2535780707?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-13 05:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2535780707","market":"hk","top_or_hot":-1,"title":"Qiagen Agrees to Acquire AI Company Genoox","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Stephen Nakrosis \n</p>\n<pre>\n \n</pre>\n<p>\n  Qiagen said it agreed to acquire Genoox, a provider of AI-powered software, for $70 million in cash, along with additional milestone payments of up to $10 million. \n</p>\n<p>\n  Qiagen said Monday the acquisition will add Franklin, Genoox's flagship cloud-based community platform, to its digital insights portfolio. In addition, the deal creates a path to integrate Qiagen's genomic content into the Franklin platform, the company said. \n</p>\n<p>\n  The deal will strengthen Qiagen's offering for small and mid-sized labs, the company added. \n</p>\n<p>\n  Franklin enables labs to analyze next-generation sequencing data, and delivers real-time, AI-driven insights, Qiagen said. \n</p>\n<p>\n  The Genoox acquisition is expected to generate about $5 million of sales in 2025 and have a neutral impact on adjusted earnings per share, according to Qiagen. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 17:36 ET (21:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Qiagen Agrees to Acquire AI Company Genoox</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQiagen Agrees to Acquire AI Company Genoox\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-13 05:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Stephen Nakrosis \n</p>\n<pre>\n \n</pre>\n<p>\n  Qiagen said it agreed to acquire Genoox, a provider of AI-powered software, for $70 million in cash, along with additional milestone payments of up to $10 million. \n</p>\n<p>\n  Qiagen said Monday the acquisition will add Franklin, Genoox's flagship cloud-based community platform, to its digital insights portfolio. In addition, the deal creates a path to integrate Qiagen's genomic content into the Franklin platform, the company said. \n</p>\n<p>\n  The deal will strengthen Qiagen's offering for small and mid-sized labs, the company added. \n</p>\n<p>\n  Franklin enables labs to analyze next-generation sequencing data, and delivers real-time, AI-driven insights, Qiagen said. \n</p>\n<p>\n  The Genoox acquisition is expected to generate about $5 million of sales in 2025 and have a neutral impact on adjusted earnings per share, according to Qiagen. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 17:36 ET (21:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1923622614.USD","symbol_name":"Natixis Thematics Meta R/A USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535780707","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535780707","pubTimestamp":1747085760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Qiagen said it agreed to acquire Genoox, a provider of AI-powered software, for $70 million in cash, along with additional milestone payments of up to $10 million.Qiagen said Monday the acquisition will add Franklin, Genoox's flagship cloud-based community platform, to its digital insights portfolio. In addition, the deal creates a path to integrate Qiagen's genomic content into the Franklin platform, the company said.The deal will strengthen Qiagen's offering for small and mid-sized labs, the company added.Franklin enables labs to analyze next-generation sequencing data, and delivers real-time, AI-driven insights, Qiagen said.The Genoox acquisition is expected to generate about $5 million of sales in 2025 and have a neutral impact on adjusted earnings per share, according to Qiagen.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1923622614.USD":"Natixis Thematics Meta R/A USD","BK4121":"生命科学工具和服务","QGEN":"快而精医药","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC"},"translate_title":"Qiagen同意收购AI公司Genoox","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QGEN":0.9},"content_text":"By Stephen Nakrosis \n\n\n \n\n\n  Qiagen said it agreed to acquire Genoox, a provider of AI-powered software, for $70 million in cash, along with additional milestone payments of up to $10 million. \n\n\n  Qiagen said Monday the acquisition will add Franklin, Genoox's flagship cloud-based community platform, to its digital insights portfolio. In addition, the deal creates a path to integrate Qiagen's genomic content into the Franklin platform, the company said. \n\n\n  The deal will strengthen Qiagen's offering for small and mid-sized labs, the company added. \n\n\n  Franklin enables labs to analyze next-generation sequencing data, and delivers real-time, AI-driven insights, Qiagen said. \n\n\n  The Genoox acquisition is expected to generate about $5 million of sales in 2025 and have a neutral impact on adjusted earnings per share, according to Qiagen. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 12, 2025 17:36 ET (21:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}