Premium Post: An Update On The Pacific Biosciences Acquisition By Illumina

Over the last few weeks I have had several conversations with scientists that use Pacific Biosciences’ (PacBio) long-read gene sequencing product and/or Illumina’s short-read sequencing products as well with other industry insiders who are familiar with both companies as well as potential competitors. All of them felt that Illumina (ILMN) would benefit a lot from PacBio’s technology and that PacBio (PACB) would benefit from Illumina’s management. They also felt that it would give Illumina a strong edge in the gene sequencing market making it challenging for private companies like UK based Oxford Nanopore, China based BGI and California based 10x Genomics to compete with Illumina.

We briefly wrote the following about Illumina’s acquisition of Pacific Biosciences last December,

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