NEW YORK (GenomeWeb) – Japanese digital technology firm Konica Minolta announced today that it has closed its previously announced acquisition of Ambry Genetics in an all-cash transaction valued at up to $1 billion.

Under the terms of the deal, Konica Minolta's Healthcare Americas subsidiary paid Ambry $800 million up front. Ambry shareholders also stand to receive up to $200 million in incremental consideration based on certain financial metrics over the next few years.

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