Why did Affymetrix acquire eBio?

I'm considering making an investment in Affymetrix but don't understand their recent eBioscience acquisition. Could someone please explain how this acquisition benefits Affymetrix? At first glance it doesn't seem to make much sense.

Affy needs to generate cash

Affy needs to generate cash flow before thinking of making anymore genius acquisitions.

affy should buy illumina

affy should buy illumina

MP is very very proud of his

MP is very very proud of his protege. Bang any orifice that moves.

That is what God intended.

Jesus will not forgive the

Jesus will not forgive the transgressions of the sex maniac CEO of Ebiosciences who added no value and threw the employees under the bus.

The new Pope says The Bald One will spend all of eternity in purgatory......luke-warm water puckering up his skin.

His reward is in Heaven where he can fuck the brains out of every catholic he rams into.

Insane Clown Posse (aka

Insane Clown Posse (aka Ebiosciences) IS a born again band. All of their lyrics were secretly about Jesus. Look it up on Wikipedia.

It's because Ebioscience was

It's because Ebioscience was a crap company to start. No scientific talent pre-acquisition, and even worse now that Affy calls the shots. Any number of companies can easily overtake this clown operation.

Affymetrix is worse than

Affymetrix is worse than Hitler.

Affy got suckered into a very

Affy got suckered into a very bad deal. They paid 2x too much for this acquisition of a commodity company. They might as well be selling children's aspirin. They blew their chance to get some real technology for the future. This was just plain stupid.

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Affy is dead! They are a

Affy is dead! They are a sinking ship!

Is Affy at risk of being

Is Affy at risk of being removed from NASDAQ because if their latest "bad luck" of giving away all their cash and not getting anything strategic for it? Can they stay afloat with no cash left? There was potential when they had cash and not there seems to be no hope of a future. Where does it go from here? Can they ride out another 10% drop (or worse) if it happens again? What's the real scoop?

michael fiore bio

Layoffs started today. There

Layoffs started today. There will be 100 people whacked in total. CFO and EVP forced out into "retirement." The company is f*cked. Revenue for Q4 is horrible. Core Affy business grew only 1% and eBio only 5%. ILMN beat Wall Street estimates with "strong array sales." Affy is completely irrelevant. This is history folks, we get to watch a "market-making" company crash and, very shortly, burn to death before our eyes! Bravo SF, bravo!!!

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Good Life Arabia

I'm also very much curious as well. Any other information is appreciated.

Don't know how the two fit

Don't know how the two fit together. Seems like oil and vinegar. membuat facebook

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Affymetrix is dead, plain and

Affymetrix is dead, plain and simple! When do the mass layoffs start?

Everyone is leaving Affy. The

Everyone is leaving Affy. The guy who created CytoScan just left to run Illumina's cytogenetics program. He was the last bit if talent in that organization. Affy is finished...

Affymetrix acquired eBio

Affymetrix acquired eBio because they are an incompetent bunch of idiots!

Affymetrix will the market

Affymetrix will the market leader in flow cytometry!!! The only company which offers arrays and flow!

They bought them for the Flow

They bought them for the Flow Cyt reagents, juice to go with their upcoming flow cytometer

I've just looked at the

I've just looked at the Ebiosciences web site and I can tell you this: they are no Dako/Ventana.
There's no way.

Affy's earnings were just

Affy's earnings were just released for Q3 and their stock immediately dropped 16%.
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No one cares about Affymtrix

No one cares about Affymtrix anymore. They are completely irrelevant in the Lfe Science market. Everyone, please, just move on and let this beast die in peace.

"Doesn't eBio make protein

"Doesn't eBio make protein antibodies? If so, it does make no sense!"

No, their antibodies contain melamine, as well as beef by-products and plenty of preservatives. See the ingredient labels.

I've looked at eBio

I've looked at eBio extensively and the deal would be a death sentence foe Affy.

Somebody tell Whitey not to sign!

I have complete confidence in

I have complete confidence in Whitey.

Makes sense if Affy is

Makes sense if Affy is considering getting into protein arrays or diagnostics---which they've indicated they are. Question is whether this organization could really address the diagnostics market.

Doesn't eBio make protein

Doesn't eBio make protein antibodies? If so, it does make no sense!

How does eBio fit with the

How does eBio fit with the world's leading microarray company? Someone at Affy should have asked that question before making this horrible acquisition. It makes no sense!

The eBio acquisition was

The eBio acquisition was incredibly stupid!!! Frank should be ashamed!

It does seem like this

It does seem like this acquisition was made out of complete desperation without evaluating all the options. I feel sorry for Frank, he made a very bad move.
Phen375

Looks like someone at Affy is

Looks like someone at Affy is trying to remove this thread by spamming it.

Ebioscience was a JUNK

Ebioscience was a JUNK company in every sense of the word. Thank god those worthless clowns have been paid to shut up.

"This stock seems to have

"This stock seems to have stabilized. Is it time to buy now? Can it get worse?"

The stock keeps falling and it is likely to get worse! AFFX fell 3% today!

Wait for their Q4 earnings before doing anything!!!

Looks like someone at Affy is

Looks like someone at Affy is trying to deep six this thread by spamming it.

This stock seems to have

This stock seems to have stabilized. Is it time to buy now? Can it get worse?

In reality eBio is like a

In reality eBio is like a malignant tumor spreading throughout the body for an inevitable painful death.

Yes, eBio has turned into a

Yes, eBio has turned into a hideous parasite eating the insides of Affy and will eventually destroy it's host.

eBio needs to be returned to

eBio needs to be returned to the store. We want our money back. Get out of our company!

eBio is not growing!!!

eBio is not growing!!!

eBio is the straw that broke

eBio is the straw that broke the camels back. Affy is now collapsing under its own weight.
Is eBio even growing?

"Yes, Panomics is a part of

"Yes, Panomics is a part of Affymetrix and is doing very well. The Panomics business is growing and it is a great technology!"

You must either work for Panomics or are delusional. How is the Panomics business growing?

Don't know how the two fit

Don't know how the two fit together. Seems like oil and vinegar. I haven't met a single person who can explain the logic behind this acquisition.

CAN SOMEONE PLEASE EXPLAIN

CAN SOMEONE PLEASE EXPLAIN HOW EBIO FITS WITH AFFY?!?!?

"Panomics? They're still

"Panomics? They're still around?"

Yes, Panomics is a part of Affymetrix and is doing very well. The Panomics business is growing and it is a great technology!

Panomics? They're still

Panomics? They're still around?

The eBio acquisition was very

The eBio acquisition was very smart. This quarter eBio should see double digit growth relative to last Q4 and combining their technology with Panomics will produce innovative genomic solutions. You will see!

Illumina recently purchased

Illumina recently purchased BlueGnome for one fourth the cost of Affy's acquisition of eBio. BlueGnome makes much greater sense to compliment Affy's portfolio than eBio. Frank should be embarrassed for throwing away over $300 million for an antibody company. Seems Affy likes helping Illumina with their poor acquisitions.

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