Esco Technologies named Mike Martin general manager of US operations in March. He was previously general manager of Lancer Sales. Esco Technologies established a subsidiary in Salisbury, UK, earlier this year. On May 4, Becton, Dickinson and Company acquired Plasso Technology, a surface-engineering company that specializes in biological coatings for consumables, for $10 million in […]
On August 9, President Bush signed into law the America COMPETES (Creating Opportunities to Meaningfully Promote Excellence in Technology, Education, and Science) Act. Designed to increase the federal resources devoted to education and research in the fields of science, engineering and mathematics, the Act authorizes a total of $33.6 billion in funding, according to an […]
Norwalk, CT 8/8/07—Applera has retained Morgan Stanley to explore alternatives for its tracking-stock structure under which its Applied Biosystems and Celera businesses are separately listed on the New York Stock Exchange. Among the alternatives under consideration is the creation of two separate, publicly traded companies. A tracking stock does not represent a separate company, but […]
SRI Instruments, located in Torrance, California, began life in 1985 as Scientific Repair Inc. CEO and President Hugh Goldsmith, a former employee of PerkinElmer, started the company in his garage, repairing GCs and HPLCs. After some years repairing and creating spare parts for these instruments, Mr. Goldsmith began making inexpensive GCs, and was able to […]
Endress+Hauser acquired a majority share in its Romanian distributor Romconseng. Endress+Hauser’s Conductam industrial liquid analysis business named Dr. Manfred Jagiella, previously head of Sensors for Balluff, managing director. Endress+Hauser’s 2006 sales increased 11.3% to €985.2 million ($1.2 billion) (see IBO 7/15/07). Asian Pacific sales rose 20%, European sales grew 10.4%, North and South American sales […]
Paoli, PA 8/13/07; Paris, France 8/13/07—AMETEK has acquired CAMECA SAS, a manufacturer of secondary ion mass and low-energy X-ray emission spectrometers, as well as tomographic atom probes and electron probe microanalysis instrumentation, for €82 million ($112 million) from the Carlyle Group. Based in Paris, France, CAMECA has annual sales of approximately €60 million ($82 million). […]
Washington, DC 8/6/07—ICx Technologies, a developer of security products, has filed for a public offering of its common stock on the US NASDAQ exchange. The filing did not specify the offer price or date. ICx’s 2006 sales increased 15.7% to $90.2 million (see page 12). Product sales for its Detection business grew 416% in 2006 […]
Carestream Health, consisting of Kodak’s former Health Group business (see IBO 1/15/07), officially began operating as an independent company in May. 454 Life Sciences and the Malaysian Genomics Resource Centre are collaborating on the characterization of tropical organisms and diseases. Axela Biosensors entered into a licensing and supply agreement for BioCheck’s reagents for use as […]
In the second quarter of 2007, revenues for IBO’s Laboratory Sales Index grew a robust 13.8% to $4,083 million. Operating profit jumped 29.3% to $631 million, and operating margin climbed 190 basis points to 15.5% of sales. Strong organic and acquisition-related growth from Thermo Fisher Scientific, Bruker BioSciences, PerkinElmer and Agilent helped boost revenues and […]
Called Ilha Formosa (beautiful island) by Portuguese explorers, Taiwan has proven to be an attractive location for an array of high-tech industries. Revenue at Taiwan’s three major science parks—Hsinchu Science Park, the Central Taiwan Science Park and the Southern Taiwan Science Park—is expected to top TWD 2 trillion ($60.8 billion) in 2007, according to Taiwan’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.
