US co Twist Bioscience buys Israel's Genome Compiler

DNA. Photo: Shutterstock

Genome Compiler will become DNA synthesis company Twist Bioscience’s first international site.

Twist Bioscience Corporation, a San Francisco-based company accelerating science and innovation through rapid, high-quality DNA synthesis, today announced the acquisition of Genome Compiler Corporation, an Israeli-based company providing software for genetic engineers, molecular and synthetic biologists. Financial details of the transaction were not disclosed.

Twist Bioscience says it intends to leverage Genome Compiler’s technology and expertise to drive a digital products portfolio, including an eCommerce solution with gene design capabilities, expected to be available in the second half of 2016.

“Twist’s beta program is progressing well and our first customer shipments are underway,” said Emily M. Leproust, Ph.D., CEO of Twist Bioscience. “Over the next few months we expect to scale our gene volume substantially, enabling us to offer market-leading production levels by this summer. We are delighted to bring the Genome Compiler technology, network and expert team into the Twist Bioscience organization. They are the leader in developing software that allows design of gene sequences for synthetic and molecular biology experiments. We intend to build an elegant, intuitive eCommerce solution with a deep pipeline of digital products to follow that will enable our customers to reimagine their research by providing seamless integration of the design and build of their synthetic DNA.”

Under the terms of the agreement, the Genome Compiler research and development center in Israel will become Twist Bioscience’s first international site. Twist Bioscience intends to expand the center in Tel Aviv to advance its digital product and gene design capabilities.

“We are extremely excited to join forces with Twist Bioscience,” commented Omri Amirav-Drory, Ph.D., founder and CEO of Genome Compiler. “By combining our advanced software design capabilities with the technology leader in DNA synthesis, our customers will be able to streamline the design-build-test cycle. We believe the synthetic and molecular biology communities will find the integrated offering a great platform to accelerate their research.”

Genome Compiler was founded in 2011 by Amirav-Drory with colleagues from Intel: Nir Ben Moshe, Yogev Debbi and Roy Nevo. The company has raised $6 million to date from LionBirdVC, Autodesk, and private angel investors.

Twist Bioscience raised $61 million in January this year, making the total raised in two rounds $133 million.

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
DNA. Photo: Shutterstock
DNA. Photo: Shutterstock
Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018