Illumina Completes Cyvera Acquisition

13-Apr-2005

Illumina, Inc. announced that it has completed its acquisition of CyVera Corporation, a Connecticut-based developer of digital microbead technology. The aggregate consideration for the transaction was $17.5 million, consisting of 1.6 million shares of Illumina common stock and $2.5 million cash, which includes payment of certain liabilities of CyVera. In addition, Illumina assumed the outstanding stock options of CyVera. CyVera is being operated as a wholly owned subsidiary of Illumina.

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