LAKE FOREST, Ill.- IDEX Corporation (NYSE: IEX) today announced it has completed the purchase of Precision Photonics Corporation (“PPC”) for cash consideration of $20 million. PPC, located in Boulder Colorado, specializes in optical components and coatings for applications in the fields of scientific research, aerospace, telecommunications and electronics manufacturing. PPC will operate in IDEX’s Optics […]
Roche (SIX: RO, ROG; OTCQX: RHHBY) today sent an open letter to shareholders of Illumina, Inc. (NASDAQ: ILMN) urging them to vote the GOLD proxy card for Roche’s independent director nominees and other proposals at the 2012 Illumina annual meeting to be held on 18 April 2012. About the Offer On January 27, 2012, Roche […]
Washington, D.C., – Danaher Corporation (NYSE:DHR) announced today that it has entered into a definitive merger agreement with X-Rite, Incorporated (NASDAQ: XRIT) pursuant to which Danaher will acquire X-Rite by making a cash tender offer to acquire all of the outstanding shares of common stock of X-Rite at a purchase price of $5.55 per share, […]
SAN DIEGO — Illumina, Inc. (NASDAQ:ILMN), a leading developer, manufacturer, and marketer of life science tools and integrated systems for the analysis of genetic variation and function, today announced that independent proxy advisory firm Glass, Lewis & Co., LLC (“Glass Lewis”) has recommended that Illumina’s stockholders vote for the election of Illumina’s highly qualified nominees […]
CORNING, N.Y.,– Corning Incorporated (NYSE: GLW) announced today that it has reached a definitive agreement with BD (Becton, Dickinson and Company) (NYSE:BDX) to acquire the majority of its Discovery Labware unit for approximately $730 million in cash. The acquisition is expected to be completed later this year, subject to customary closing conditions, including receipt of […]
Franklin Lakes, NJ– BD (Becton, Dickinson and Company) (NYSE:BDX), a leading global medical technology company, announced today that it has signed a definitive agreement to sell its BD Biosciences – Discovery Labware unit, excluding its Advanced Bioprocessing platform, to Corning Incorporated (NYSE:GLW), the world leader in specialty glass and ceramics. The transaction will be a […]
GRAND RAPIDS, Mich.,– X-Rite, Incorporated (NASDAQ:XRIT) today announced that it has signed a definitive merger agreement with Danaher (NYSE: DHR) under which Danaher will acquire the company for $5.55 per share in cash, or a total of approximately $625 million including the assumption of debt, net of cash. The transaction was unanimously approved by the […]
WALTHAM, Mass.- PerkinElmer, Inc., a global leader focused on improving the health and safety of people and the environment, today announced that it has entered into an agreement with TPM Biotech SDN. BHD. (TPMB), a leading Malaysian laboratory for Halal food testing services, to explore potential applications of PerkinElmer’s Porcine Detection Kits and chromatography solutions […]
RECOMMENDS STOCKHOLDERS REJECT ROCHE’S OFFER AND VOTE WHITE PROXY CARD SAN DIEGO — Illumina, Inc. (NASDAQ:ILMN), a leading developer, manufacturer, and marketer of life science tools and integrated systems for the analysis of genetic variation and function, today is sending a letter from its Board of Directors highlighting supportive reports issued by two of the […]
SAN DIEGO — Illumina, Inc. (NASDAQ: ILMN), a leading developer, manufacturer and marketer of life science tools and integrated systems for the analysis of genetic variation and function, today announced that Institutional Shareholder Services Inc. (“ISS”) considers the Roche offer to acquire Illumina inadequate and has recommended that its clients support the re-election of Illumina’s […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
