Companies have invested $2.3 billion to acquire 10 Purdue startups, which are:
Endocyte Inc., a life sciences company, was acquired by Novartis for $2.1 billion in 2018.
Arxan Defense Systems, a cybersecurity and application security company, sold to Microsemi Corp. in 2010.BASi Bioanalytical Systems Inc., a medical contract research services company, joined operations with Seventh Wave Laboratories in 2018.
DATTUS, an IT company, sold to Plex Systems In2018.
Griffin Analytics, a mass spectrometry company, merged with ICx Technologies in 2006 and was later purchased as part of a package by FLIR Systems Inc. in 2010 for about $274 million.Prosolia, a mass spectrometry application company, was acquired in 2003 for $30 million by Waters Corp.
Spensa Technologies, a digital ag technology company, was In 2019 to DTN.
PGC, Purdue GMC Center LLC a producer of non-sterile pharmaceutical products, was acquired in 2016 by Alan Chao.
SSCI, a pharmaceutical product development company, was acquired by Aptuit Inc. in 2006.
FWDNXT, a software and hardware startup, was acquired in by Micron Technology In 2019.
Source: This news is taken from www.electronicsweekly.com
