Konica Minolta Inc. and Innovation Network Corporation of Japan, a public-private investment company that invests in innovative businesses, will pay $800m for Aliso Viejo, Calif.-based Ambry Genetics, with another $200m due Ambry shareholders pending the achievement of certain metrics over the next two years, the companies announced July 6.
Konica Minolta will invest 60% and INCJ will account for the remaining 40%, making Ambry part of Konica Minolta Healthcare...