India, July 20 -- Tempus AI, Inc. (TEM), a health technology company, said on Monday that it has inked a deal to acquire Personalis, Inc. (PSNL) for $16.25 per share, representing a total enterprise value of $1.5 billion, net of TEM's existing ownership interest.
This $16.25 per share represents a 6% premium to Friday's closing price and a 28% premium to unaffected 30-day VWAP. The transaction is expected to be closed in late 2026 or early 2027.
The acquisition will boost the acquirer's capabilities in minimal residual disease, or MRD, and enhance its ability to support patients from diagnosis and treatment selection to recurrence and monitoring.
Through their existing collaboration, the companies have already demonstrated the strength o...