Tempus rises on acquisition of AI company Paige

Tempus AI

22/08/2025 15:24

** Shares of genetics testing firm Tempus AI TEM.O rise 1.88% to $78.15

** Co acquires AI company Paige for $81.25 mln, being paid predominantly in Tempus common stock

** TEM to also assume Paige's remaining commitment under existing Microsoft Azure cloud services agreement

** Including session's move, shares have more than doubled YTD

 (Reporting by Krisha Bhatt)

 ((Krisha.Bhatt@thomsonreuters.com;))