On the Record · Illumina
Illumina acquisitions, on the record
The businesses Illumina bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
GRAIL, LLC (f/k/a GRAIL, Inc.)Word for word“On December 17, 2023, we announced that we will divest GRAIL.” 10-K for 2023 | agreed divestiture | On December 17, 2023, we announced that we will divest GRAIL. | — |
GRAILWord for word“On August 18, 2021, we acquired GRAIL, a healthcare company focused on early detection of multiple cancers.” 10-K for 2023 | acquisition | On August 18, 2021, we acquired GRAIL, a healthcare company focused on early detection of multiple cancers. | — |
an acquisition (business not named in the quote)Word for word“We invested $195 million in capital expenditures, primarily associated with our investment in facilities, paid $29 million, net of cash acquired, for an acquisition, and used $6 million for net purchases of strategic investments.” 10-K for 2023 | acquisition | — | $29 million, net of cash acquired |
Fluent BioSciencesWord for word“As a result of the Fluent BioSciences acquisition in Q3 2024, we recorded a developed technology asset of $ 42 million, with a useful life of 7 years, and a customer relationship asset of $ 2 million, with a useful life of 11 years.” 10-K for 2024 | acquisition | Q3 2024 | — |
GRAILWord for word“On June 24, 2024, we completed the separation of GRAIL into a separate, independent publicly traded company.” 10-K for 2025 | divestiture | June 24, 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-01-01 | $18 million | $23 million |
| 2017-12-31 | $0 | — |
| 2018-12-30 | $100 million | $60 million |
| 2019-12-29 | $0 | $73 million |
| 2021-01-03 | $98 million | — |
| 2022-01-02 | $2.44 billion | $6.2 billion |
| 2023-01-01 | $265 million | $45 million |
| 2023-12-31 | $30 million | $18 million |
| 2024-12-29 | $81 million | $34 million |
| 2025-12-28 | $10 million | — |
Deal filings since 2016
- 2026-10-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-08-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-01-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-27 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-06-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-24 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-06-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-01-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-29 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-08-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-02-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-09-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Illumina’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.