California Analytical Instruments (CAI), located in Orange, CA. announced its acquisition of Liston Scientific, Irvine, CA. Liston`s support and manufacturing personnel and all manufacturing equipment and inventory will be moving to the CAI facility during the month of May. Minimal interruption in service and support levels of Liston Scientific Customers is expected during this period.
Hawthorne, CA- A US District court jury has awarded OSI Systems $125.6 million in damages in its case against L-3 Communications. The jury awarded $33 million in compensatory damages and $92.6 million in punitive damages, finding that L-3 breached its fiduciary duty and committed fraud against OSI. The suit stems from L-3’s 2002 purchase of […]
Sepragen, a provider of process chromatography systems, has signed a letter of intent to acquire Cytobiologics. Assets include lab equipment and intellectual property related to certain rapid assays and a high-density bioreactor under development. The company plans to develop a cell culture/purification system. “The addition of Cytobiologics’ capability will provide us with facilities, talent and […]
Pittsburgh, PA – Industrial Scientific, a provider of portable gas detectors and fixed gas monitoring systems, has acquired Oldham SA, a maker of stationary gas monitors, from venture capital firm 3i Group for an undisclosed sum. “I am pleased that our combination with Industrial Scientific creates the clear, worldwide leader in gas monitoring instruments and […]
San Diego, CA – Thermo Electron Corporation, an industry leading producer of analytical and process instrumentation, announced the company has entered into a three-year agreement with Holcim, one of the world’s leading suppliers of cement, aggregates and downstream activities, to streamline procurement of its online Prompt Gamma Neutron Activation Analysis (PGNAA) analyzers. The agreement outlines […]
Venlo, The Netherlands- QIAGEN NV has entered into a definitive merger agreement with Gentra Systems for $38 million in cash. Gentra, developer, manufacturer and supplier of non-solid phase nucleic acid purification products is focused on the niche market for large-scale blood samples of up to 10 ml. QIAGEN expects the transaction to contribute $6 million […]
Siemens Acquires Ultrasonic Flow Measurement Firm Controlotron Atlanta, GA -Siemens Energy & Automation has entered into an asset purchase agreement for Controlotron, a maker of nonintrusvie ultrasonic flowmeters. Financial details were not disclosed. “Controlotron is highly recognized for its advanced technology in non-intrusive flow measurement, and its strong market positions in oil and gas, water […]
Yellow Springs, OH – YSI has sold its Precision Temperature business to Measurement Specialties for $14 million in cash. YSI Temperature makes temperature sensors and instruments for the aerospace, military, medical and patient monitoring markets. “After closely examining our portfolio and strategically reviewing key product lines, we recognized that what we do best is instrumentation, […]
AUSTIN, Texas, The Fieldbus Foundation announced that Hans-Georg Kumpfmueller, president of the Siemens AG Process Instrumentation & Analytics Division, has been named to its board of directors. Kumpfmueller joins other leading executives in the key automation industry post. In addition to Chairman John Berra of Emerson Process Management, current foundation members include: Kenneth Deken, […]
Regensdorf, Switzerland; Grandville, MI 3/24/06-Eichholf Holding AG, the parent company of Datacolor AG, has submitted a letter of intent for a competing offer to Amazys Holding AG, the holding company of Gretag Macbeth. Subject to completion of due diligence, Eichholf intends to offer at least CHF 108.80 ($83.15) per share in cash, and at least […]
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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.
