Microsoft Acquires Rosetta Biosoftware
Microsoft signed an agreement June 1 with Merck & Co. to acquire certain
assets of Rosetta Biosoftware, enabling Microsoft to incorporate genetic,
genomic, metabolomic and proteomics data management software into the Microsoft
Amalga Life Sciences platform for enhanced translational research capabilities.
In turn, Merck will become a customer of the Microsoft Amalga Life Sciences and
also provide strategic input to Microsoft on the direction and evolution of new
solutions incorporating Rosetta Biosoftware technologies.
Financial terms of the agreement were not released, but the transaction is
expected to close by the end of June. The new Amalga Life Sciences platform
incorporating Rosetta Biosoftware technologies is scheduled to be available in
early 2010.
"This agreement establishes a stable and sustainable platform for the
Rosetta Biosoftware technology. In addition, we look forward to collaborating
with Microsoft to develop new bioinformatic solutions to enable and expedite
drug discovery and development," Rupert Vessey, vice president of Merck
Research Laboratories, said in a statement. "This is part of our
previously announced strategy designed to improve the effectiveness and
efficiency of our basic research operations to ensure long-term pipeline
productivity."
Released in April 2009, Microsoft Amalga Life Sciences is a software platform
for health and life sciences research data. The platform aids life sciences
organizations by automating the management and analysis of massive, heterogeneous
research data.
"We're excited to collaborate with Merck and augment the capabilities of
Amalga Life Sciences with the complementary assets of Rosetta
Biosoftware," said Peter Neupert, corporate vice president of Microsoft's
Health Solutions Group.
According to Microsoft, the company is pursuing hiring Rosetta Biosoftware
employees who can fill roles that are critical to the effective incorporation
of Rosetta Biosoftware technologies into the Amalga Life Sciences platform.
Until the deal is closed, Rosetta Biosoftware will continue to operate as a
business unit of Rosetta Inpharmatics, a wholly owned subsidiary of Merck.
