Loveland’s Heska closes on acquisition of Boulder-based LightDeck
LOVELAND — Veterinary products supplier Heska Corp. (Nasdaq: HSKA) closed on its acquisition of Boulder-based MBio Diagnostics Inc., which does business as LightDeck Diagnostics, a deal that includes a Longmont manufacturing operation that’s expected to begin production this year.
The deal, first reported by BizWest in September, is valued at about $38.7 million.
The acquired company, which has a team of 80 employees, has developed the LightDeck testing platform that combines an advanced laser waveguide with novel materials to conduct rapid testing and has developed numerous diagnostic tests, including some developed during the COVID-19 pandemic.
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