XML 34 R25.htm IDEA: XBRL DOCUMENT v3.22.1
Acquisitions (Tables) - Preomics Gmbh [Member]
3 Months Ended
Mar. 31, 2022
Acquisitions  
Schedule of Components and Fair Value Allocation of the Consideration Transferred in Connection with Acquisitions

The components and fair value allocation of the consideration transferred in connection with the acquisition are as follows (in millions):

 

Consideration Transferred:

 

 

 

Cash paid

 

$

52.1

 

Cash acquired

 

 

(16.0

)

Fair value of hybrid financial instrument - founders

 

 

20.9

 

Fair value of redeemable noncontrolling interest - other shareholders

 

 

6.8

 

Total consideration transferred

 

$

63.8

 

Allocation of Consideration Transferred:

 

 

 

Accounts receivable

 

$

0.4

 

Inventories

 

 

0.6

 

Other current assets

 

 

0.7

 

Property, plant and equipment

 

 

1.3

 

Other assets

 

 

0.4

 

Intangible assets:

 

 

 

Technology

 

 

12.5

 

Customer relationships

 

 

6.9

 

Trade name

 

 

1.9

 

Goodwill

 

 

47.0

 

Liabilities assumed

 

 

(7.9

)

Total consideration allocated

 

$

63.8

 

Schedule of Consideration Transferred and the Respective Reporting Segment for Each Acquisition The following table reflects the consideration transferred and the respective reporting segment for the acquisitions (in millions):

 

Name of Acquisition

 

Date Acquired

 

Segment

 

Total
Consideration

 

 

Cash
Consideration

 

Prolab Instruments GmbH

 

January 17, 2022

 

BSI Life Science

 

$

5.7

 

 

$

5.5

 

PepSep Holding ApS

 

February 1, 2022

 

BSI Life Science

 

 

4.1

 

 

 

2.8

 

 

 

 

 

 

 

$

9.8

 

 

$

8.3

 

In the three months ended March 31, 2022, the Company completed a minority investment that complemented the Company's existing product offerings. The following table reflects the consideration transferred and the respective reporting segment for this investment (in millions):

 

Name

 

Acquisition /
Investment

 

Date Acquired

 

Segment

 

Total
Consideration

 

 

Cash
Consideration

 

PrognomiQ, Inc

 

Investment

 

February 16, 2022

 

BSI Life Science

 

$

12.0

 

 

$

12.0

 

 

 

 

 

 

 

 

 

$

12.0

 

 

$

12.0