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Merck to acquire Antelliq

Merck says it’s acquiring Antelliq Group, a company that does digital animal identification, traceability and monitoring. Merck is paying almost $2.4 billion for Antelliq’s outstanding shares and will assume Antelliq’s debt of about $1.3 billion. Antelliq is formerly AllFlex.

The technology is driven by the growing demand for food traceability and food safety, according to a news release from Merck. The acquisition of Antelliq provides Merck a customer base in identification and monitoring technologies that help with disease prediction and treatment, according to Merck. Antelliq will be wholly owned and separately operated within the Merck Animal Health Division.