Los Angeles, CA (December 29, 2005) – Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, represented Foster City, California-based Applied Biosystems Group (NYSE: ABI), an Applera Corporation business, in its pending acquisition of the Research Products Division of Ambion, Inc. for approximately $273 million in cash.
The Paul Hastings team was led by partners Deyan Spiridonov and Carl Sanchez from the firm’s M&A Practice Group, along with associates Tamara Porter and Iver Larson.
About Applera Corporation and Applied Biosystems: Applera Corporation consists of two operating groups. The Applied Biosystems Group serves the life science industry and research community by developing and marketing instrument-based systems, consumables, software, and services. Applied Biosystems is headquartered in Foster City, CA. The Celera Genomics Group (NYSE:CRA) is engaged principally in the discovery and development of targeted therapeutics for cancer, autoimmune and inflammatory diseases. Information about Applera Corporation, including reports and other information filed by the company with the Securities and Exchange Commission, is available at http://www.applera.com. Information about Applied Biosystems is available at http://www.appliedbiosystems.com/.
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