Product ExpansionOwning SomaLogic IP outright will enable ILMN to accelerate product launches, including low to mid throughput panels and kits for other sample types.
Revenue GrowthThe acquisition of SomaLogic is expected to be accretive to growth, with high single-digit to low double-digit growth driven primarily by kit sales.
Strategic AcquisitionThe acquisition of SomaLogic is seen as a solid strategic fit for Illumina, particularly given their prior relationship and the potential synergies over time.