Konica Minolta to Buy U.S.-Based Ambry Genetics for $1 Billion

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Konica Minolta announced on July 6 that it will acquire Ambry Genetics Corporation, a U.S.-based genetics testing company, for $1 billion, the largest acquisition ever for the Japanese technology giant. The transaction to buy Ambry will be partially funded by the Japanese government-backed Innovation Network Corporation of Japan (INCJ). Konica Minolta, through its U.S. healthcare

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