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Illumina10-Q: Acquisition completed

Illumina acquired SomaLogic for $460M in Q1 2026, including $382M cash.

What happened

The acquisition of SomaLogic creates significant operational and IT integration challenges, often triggering evaluations of duplicative systems and processes.

Source

SEC EDGARJul 31, 2026

Quarterly report (Form 10-Q)

Illumina 10-Q

Filing excerpt

On January 30, 2026, we acquired SomaLogic for a total purchase price of $460 million, including cash of $382 million and contingent consideration with an estimated fair value of $81 million, offset by $3 million for the settlement of a preexisting relationship.

sec.gov/Archives/edgar/data/1110803/000111080326000160/ilmn-20260628.htmRead the full source

Other signals in this filing (8)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Acquisition completed

What this signalsIntegration work after a deal often opens needs for new systems and services.

Fiscal year end
06/28
Filed
Jul 31, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$460M (total purchase price for SomaLogic acquisition)

Details

CIK
1110803
Accession number
0001110803-26-000160
Timeframe
Current year
Filing year
2026
Fiscal year
0
Why it matters
Active integration needs
Signal category
Strategic

Topics and mentions

Technologies

  • NGS library preparation kits

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
Aug 4, 2026
signal_type
sec-10q
signal_subtype
acquisitionCompleted

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/c2eaf689-b9f9-4023-b621-8f8412904304 returns this record as JSON. POST /v1/companies/enrich returns every signal for illumina.com.

{
  "signal_id": "c2eaf689-b9f9-4023-b621-8f8412904304",
  "signal_type": "sec-10q",
  "signal_subtype": "acquisitionCompleted",
  "detected_at": "2026-08-04T07:05:46.713+00:00",
  "company": {
    "name": "Illumina",
    "domain": "illumina.com"
  },
  "data": {
    "detail": "The acquisition of SomaLogic creates significant operational and IT integration challenges, often triggering evaluations of duplicative systems and processes. This opens opportunities for vendors specializing in data integration, system consolidation, and post-merger consulting services.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "total purchase price for SomaLogic acquisition",
      "dollar_millions": 460
    },
    "summary": "Illumina acquired SomaLogic for $460M in Q1 2026, including $382M cash.",
    "excerpts": "On January 30, 2026, we acquired SomaLogic for a total purchase price of $460 million, including cash of $382 million and contingent consideration with an estimated fair value of $81 million, offset by $3 million for the settlement of a preexisting relationship.",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1110803/000111080326000160/ilmn-20260628.htm",
    "filing_date": "2026-07-31",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "06/28",
    "sales_relevance": "Active integration needs",
    "signal_category": "strategic",
    "technologies_mentioned": [
      "NGS library preparation kits"
    ]
  }
}

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