Genetix Group plc, a Hampshire-based cell imaging and analysis group, has acquired SlidePath Limited, a Dublin-based telepathology and bioinformatics company for up to £3.3 million. 

Genetix Group plc, a Hampshire-based cell imaging and analysis group, has acquired SlidePath Limited, a Dublin-based telepathology and bioinformatics company for up to £3.3 million.

Digital pathology is the computer-enabled management and interpretation of pathology information generated from slides. SlidePath is a Dublin City University spin out, which was founded in 2003 and has 25 employees. The company reported revenues of €1.3 million (£1.2 million) with a pre-tax loss of €500,000 (£448,000).

Charles de Rohan, chief executive of Genetix, said: “This transaction brings together two companies with highly complementary core skills that will greatly strengthen our competitive position in the growing digital pathology market.”