Agilent Technologies Inc. agreed to acquire Multiplicom NV for about €68 million in cash.

The transaction is expected to close by mid-January 2017, subject to regulatory approvals and other customary closing conditions.

Multiplicom is a Niel, Belgium-based provider of molecular diagnostics solutions provided as kits for personalized medicine. It employs about 90 people, all of whom will be offered employment opportunities with Agilent.