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Data software simplifiers looking to be bought out

Data software simplifiers looking to be bought out


By Peter Kerr for sticK

(sticK - Oct. 19 2010 ) If all goes according to plan, in five years time Biomatters Ltd. should be clearly in the purchasing sights of larger companies in the life sciences or gene sequencing industries.

The Auckland-based company which makes Geneious proprietary software that places a robust, easy to use and graphical interface over the vast quantities of genetic data used by biologists, should be a good target for such companies says chief executive Candace Toner.

A joint venture with a larger company or an initial public offering is also a possibility she says

Click to read the rest of this story
http://sticknz.net/2010/10/19/data-software-simplifiers-looking-to-be-bought-out-biomatters/

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For sticK – science, technology, innovation & commercialisation KNOWLEDGE - is a new Wellington based news service concentrating on following the money from ideas to income. Contact editor Peter Kerr at peter.kerr055 @ gmail.com

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