Tegal Acquires CollabRx for $1,100,000

  • Feed Type
  • Date
    7/3/2012
  • Company Name
    CollabRx
  • Mailing Address
    169 University Avenue Palo Alto, CA 94301
  • Company Description
    The mission of CollabRx is to save lives by using information technology (IT) to personalize cancer treatments and accelerate research.
  • Website
    http://www.collabrx.com
  • Transaction Type
    M&A
  • Transaction Amount
    $1,100,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Tegal did not put a price on the all-stock deal. It said it will issue approximately 236,000 additional shares of its own stock and swap them for 100 percent of the shares of CollabRx.