Tempus AI announces $81.25M acquisition of Paige

[M&A Mergers And Acquisitions]
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Tempus AI (NASDAQ:TEM [https://seekingalpha.com/symbol/TEM]) announced [https://seekingalpha.com/pr/20209187-tempus-announces-the-acquisition-of-paige] on Friday an acquisition of the AI company specializing in digital pathology, Paige, for $81.25M.

The deal consideration will be paid predominantly in Tempus common stock, as well as an assumption of the target company's remaining commitment under its existing Microsoft Azure cloud services agreement.

Shares were +0.12% pre-market to $76.80.

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