Wetzlar, Germany 1/6/09—Microscopy company Leica Microsystems, a Danaher business, has acquired Surgipath Medical Industries for an undisclosed amount. Based in Richmond, Illinois, Surgipath is a provider of consumables and medical device accessories for clinical histology and research laboratories, including processing reagents, storage and specimen transport devices, and cytology accessories and safety products. “The amalgamation of […]
San Diego, CA and Oxford, UK 1/11/09—Illumina and Oxford Nanopore Technologies announced a strategic alliance to develop and sell single-molecule DNA sequencing technology. Under a commercialization agreement, Illumina will exclusively market, sell, distribute and service Oxford Nanopore’s BASE Technology products into the research and diagnostic markets. The companies will share profits from the sales. Illumina […]
Illkirch Cedex, France 1/5/09—Chiral Technologies Europe, a wholly owned subsidiary of Daicel Chemical Industries that supplies phases, columns and services for enantioselective chromatography, has acquired ChromTech. Based in Congleton, UK, ChromTech provides protein-based columns for reversed-phase HPLC in three phases. “ChromTech’s specialty line of protein-based columns adds a complimentary product range to our Daicel polysaccharide-based […]
GE Purchases Whatman The acquisition (see IBO 2/15/08) was evidence that GE Life Science is still intent on growing its business. The $713 million purchase was also a testament to the importance of sample preparation products to life science suppliers. Agilent Expands Materials Science Business Four acquisitions this year (see IBO 3/15/08, 6/30/08, 7/15/08) added […]
Hillsboro, OR 1/5/09—Electron microscopy firm FEI has announced that its gross bookings for the fourth quarter of 2008 totaled more than $170 million, exceeding its October 2008 forecast of $150 million. FEI noted that the gross bookings will be reduced by 5%–8% due to the normal quarterly revaluation of backlog. “Life Science bookings were paced […]
San Diego, CA 12/23/08—Volcano, a publicly held medical device company, has agreed to acquire Axsun Technologies for $21.5 million in cash. Axsun develops and manufactures MEMS-based lasers and optical engines for optical coherence tomography (OCT) imaging systems, micro-optical spectrometers and optical channel monitors for pharmaceutical, chemical, petrochemical and telecommunication network applications. Axsun posted 2007 sales […]
Cambridge, MA 12/19/08—Helicos BioSciences, a developer of DNA sequencing technology, has announced an agreement to raise approximately $18.6 million through a private placement sale of its common stock and warrants. Net proceeds are expected to be $17.9 million. Earlier this month, the company announced cost reduction measures (see IBO 12/15/08). Purchasers include current investors such […]
Lucerne, Switzerland 12/2/08—Following the sale of its Beverage business and the pending sale of its Real Estate business, Swiss-listed Eichhof Group AG will change its name to Datacolor AG, its Color Management business, early next year and become a dedicated supplier of colorimeters and other color management products (see IBO 8/15/08). The company has also […]
Carlsbad, CA and Abbott Park, IL 12/17/08—Isis Pharmaceuticals announced that Abbott has exercised its option to acquire the remaining equity ownership of Isis’s Ibis Biosciences subsidiary for $175 million and earn-out payments. Bayer currently owns 18.6% of Ibis, for which the company paid $40 million (see IBO 2/15/08, 10/31/08). Ibis’s T5000 Biosensor System identifies and […]
Company Announcements GSI Group acquired photonics supplier Excel Technology for approximately $360 million in cash. Bruce Koepfgen resigned from Thermo Fisher Scientific’s Board in September. Oxford Instruments Plasma Technology sold its Molecular Beam Epitaxy business to RIBER SA in September for €450,000 ($656,163) in cash and a cash earn-out. Steven Parker resigned from Oxford Instruments’ […]
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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.
