Company Announcements FEI and the Foundation for Fundamental Research of Matter announced a five-year, €2.7 million ($3.9 million) joint nanotechnology research project to develop electron microscopes and focused ion beam (FIB) systems for single-atom imaging and processing of material structures. FEI opened its fourth NanoPort center of technical and applications excellence in Shanghai, China, in […]
Bruker reported its full-year financial results following the publication of IBO’s quarterly sales issue (see IBO 2/29/08). The company also reported pro forma annual results that include Bruker BioSpin (see IBO 12/15/07), showing what to expect now that the companies have merged. Bruker’s fourth-quarter revenues grew 35.5%, 26% on a currency-neutral basis, to $183.7 million […]
Company Announcements Environnement SA acquired Iséo, an environmental information systems company, in 2007, for €1 million ($1.4 million). Iséo had sales of €2.2 million ($2.8 million) in 2006. Ocimum Biosolutions raised $17 million from the Kubera Cross Border Fund in a Series B round of financing. Clemex Technologies announced in January that it is reviewing […]
The credit crisis could affect the ability of biotech companies worldwide to raise new funding. Although venture capital funding for biotech did not slow last year, some observers believe the criteria for such investments will become stricter and competition between late- and early-stage companies for such funding could increase. Last year, funding for biotech and […]
In regards to corporate earnings, most investors focus their attention on sales and either net income or earnings per share (EPS). While sales figures are usually straightforward, EPS results are often reported in both GAAP (Generally Accepted Accounting Principles) and nonGAAP adjustments. GAAP results provide a standardized and consistent method to compare results, but do […]
Bothell, WA 3/27/08—In conjunction with its plan to merge with integrated circuits supplier GigOptix, Lumera has announced that operations of Plexera Biosciences, its life science instrument subsidiary, will cease immediately. Publicly held Lumera will merge its Electro-Optics segment with GigOptix, thereby taking GigOptix public. Lumera Chairman C. James Judson stated: “[W] e do not have […]
Jena, Germany 3/31/08—Analytik Jena AG has signed a contract to sell 51% of its project business, AJZ Engineering GmbH, to AJZ Engineering’s management for €0.9 million ($1.2 million). In addition, the parties entered into a cooperation agreement under which Analytik Jena will secure credit for ongoing projects on a case-by-case basis. Over three to five […]
Company Announcements In January, Synamatix announced a research collaboration with the Universiti Malaysia Sabah’s Biotechnology Research Institute. In January, Golden Helix launched a collaboration program, whose inaugural members include the University of California Los Angeles, Zucker Hillside Hospital, Montreal Heart Institute, Emory University, Case Western Reserve University and the University at Lübeck in Germany. CLC […]
Company Announcements Eurofins acquired Operon Biotechnologies in late 2007 and consolidated the company’s operations with Eurofins MWG and Eurofins Medigenomix for custom oligonucleotide synthesis services. In total, the three operations generate $50 million in revenues. Under a three-year research, supply and marketing agreement, Berry & Associates and Luminos will develop designer reagents to enable luminescent […]
According to Semiconductor Equipment and Materials International (SEMI), the semiconductor industry experienced its second best year ever in 2007,with worldwide sales for semiconductor manufacturing equipment of $42.77 billion, a 6% increase from 2006. Experts believe this increase is due to both the growth of the 300 mm ramp and intensive memory investments. The statistics are […]
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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.
