Quanterix Acquires Emission Inc. to Expand Technology Capabilities

By Bobby Samwell • Wednesday, December 18 15:14 • Permanent Link

Quanterix Corporation (NASDAQ: QTRX) recently announced its strategic acquisition of Emission Inc., a company based in Georgetown, TX. The acquisition is expected to close in January 2025 and is aimed at expanding Quanterix's technology capabilities through the vertical integration of Emission's proprietary bead technology.

The acquisition comes as Quanterix aims to expand its technology stack toward higher multi-plex and multi-omic capabilities, with a focus on controlling core components. Emission's proprietary bead technology has already been validated on Quanterix's upcoming new Simoa platform and will enable the company to provide original equipment manufacturer (OEM) beads to non-Quanterix platforms.

Under the terms of the agreement, Quanterix will use cash on hand to acquire Emission for $10 million, with an additional $10 million payable upon completion of certain technical milestones. Additionally, Emission may receive up to an additional $50 million in earnout payments, contingent upon the achievement of certain performance milestones.

Van Chandler, CEO of Emission, expressed excitement about the acquisition, stating that the integration of Emission's high-quality bead technology with Quanterix's upcoming platform aligns with their shared vision of expanding the technology's reach to all labs.

Quanterix expects the transaction to be accretive to revenue and gross margins in 2026, signaling confidence in the potential financial impact of the acquisition.

Quanterix Corporation, based in Billerica, Massachusetts, is known for its ultrasensitive biomarker detection technology. The company's Simoa technology has set the gold standard for earlier biomarker detection in blood, serum, or plasma, with the ability to quantify proteins at levels far lower than the limit of quantification of conventional analog methods.

The acquisition of Emission Inc. represents a significant move by Quanterix to enhance its technological capabilities and expand its market reach, signaling a strategic shift in the company's growth trajectory. As a result of these announcements, the company's shares have moved -7.5% on the market, and are now trading at a price of $10.28. If you want to know more, read the company's complete 8-K report here.

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