West Sussex, UK and Los Angeles, CA- Teledyne Technologies has acquired Monitor Labs Inc. (MLI), a wholly owned indirect subsidiary of network technology company Spirent, for $24 million in cash. Monitor Labs is a supplier of environmental monitoring instrumentation for the detection, measurement and reporting of air pollutants. In 2001, it posted $28 million in […]
Plainville, CT- GE Industrial Systems, a division of General Electric, has entered into an agreement to purchase Ion Track Instruments, a maker of ion trap mobility spectrometry systems for trace detection of narcotics and explosives. Ion Track will join GE Interlogix, a subsidiary of GE Industrial Systems. In June 2002, Ion Track filed for an […]
Everett, WA- Danaher plans to acquire Raytek, a maker of non-contact infrared thermometers for industrial, maintenance and quality control applications. In 2001, Raytek recorded revenues of more than $50 million. Raytek will join Danaher’s Electronic Test and Measurement platform, which includes Fluke. Currently, Fluke sells infrared products manufactured by Raytek. Fluke will keep the Raytek […]
Bogart, GA-Roper Industries has acquired three businesses with total sales of $60 million for approximately $63 million. It acquired UK-based Ai Cambridge Ltd, known as Ai Qualitek, which manufactures and sells leak detection equipment and systems for the pharmaceutical, food, medical, packageing and automotive industries. Roper expects the company to post sales of $9 million […]
Atlanta, GA 7/24/02-GE Power Systems has acquired Panametrics, which will be renamed GE Panametrics and become part of GE’s Energy Management Services business. Panametrics develops and sells specialized sensors and instrumentation for nondestructive testing, solar radiation detection and process measurement instrumentation, including chemical and gas sensors, charged particle detectors and process control instrumentation. GE Power […]
– Surrey, UK and Amsterdam, The Netherlands-Royal Philips Electronics has agreed to sell its Philips Analytical x-ray analytical business to precision instrument company Spectris plc for 150 million ($151.8 million = 0.99= $1) in cash. Philips Analytical makes and sells x-ray diffraction (XRD) and x-ray fluorescence (XRF)systems. In 2001, Philips posted 159 million in revenues, […]
Middleton, WI and Waltham,- Thermo Electron’s Thermo NORAN business has acquired NeXray, LLC. NeXray, which was a wholly-owned subsidiary of Veeco Instruments, supplies microbeam x-ray fluorescence (XRF) metrology instruments for measuring filmthickness and composition of metal layers and other structures. “The NeXray XR product line complements our line of analytical XRF systems with an optically […]
Charlotte, NC – SPX Corporation’s Valves and Controls business acquired Daniel Valve Company from Emerson Electric. Based in Houston, Texas, Daniel Valve Company manufactures, markets and services specialty valves and control solutions for crude oil and liquid petroleum product pipeline transmission, storage and distribution applications. Daniel Valve has annual revenues of approximately $40 million. SPX […]
Boston, MA and Paoli, PA – PerkinElmer has sold its Instruments for Research and Applied Science (IRAS) product line to AMETEK and its Voltarc Technologies business to Innovative Technologies Group for a total of approximately $85 million. AMETEK stated that it paid approximately $63 million in cash for IRAS, which manufactures and markets nuclear spectroscopy […]
Boston, MA, New York, NY and Hawthorne, CA – L-3 Communications has purchased PerkinElmer’s Detection Systems business for approximately $100 Million. The Detection Systems business primarily consists of security systems for the x-ray screening of cargo, baggage and parcels. L-3 Communications makes a computer tomography (CT) explosive detection system for baggage screening. With the expanded […]
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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.
