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Accelrys Acquires Aegis

The $30M deal expands Accelrys' abilities in analyzing life-cycle development data

Scientific research and development software service Accelrys Inc. (Nasdaq: ACCL) has completed the $30 million acquisition of Aegis Analytical Corp.

The deal, originally announced on Oct. 23, is expected to grow Accelrys' portfolio with improved services, which include analyzing laboratory data as a means to achieve better and more accurate results.

The transaction comes on the heels of a money-losing quarter for Accelrys, which during its most recent quarter that ended June 30, lost $520,000 on revenue of $38.4 million.

Aegis' headquarters will remain in Lafayette, Colo.

Law firm Paul Hastings LLP counseled San Diego-based Accelrys on the acquisition. Senior associate Scott Oross led the team, which included partner Carl Sanchez, along with associates Elizabeth Razzano and Laura McGurty.

 

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