Santa Clara, CA 11/11/08—Affymetrix has agreed to acquire Panomics, a provider of assay products, for $73 million in cash. Panomics offers products for low to mid-plex genetic, protein and cellular analysis applications that enable a direct assay approach that does not require nucleic acid extraction or amplification. “Panomics presented a great opportunity for Affymetrix to […]
Carlsbad, CA 10/21/08—Invitrogen has announced the acquisition of VisiGen Biotechnologies, a developer of single-molecule sequencing technology, for $21 million in cash. VisiGen’s technology utilizes fluorescence resonance energy transfer technology and massively parallel arrays. Invitrogen Chairman and CEO Gregory Lucier commented that Invitrogen acquired VisiGen for its intellectual property and for the company’s strength in enzymology […]
Northbrook, IL 10/20/08—IDEX has acquired Semrock, a provider of optical filters for biotech and analytical instruments in the life sciences markets, for approximately $60 million in cash. Semrock generates annual revenues of approximately $21 million and is based in Rochester, New York. “Their expertise enables the continued expansion of our core capabilities in integrated fluidic […]
Carlsbad, CA 10/28/08; Norwalk, CT 10/28/08—On October 28, Invitrogen and Applied Biosystems’ shareholders voted in separate meetings to approve the companies’ merger agreement (see IBO 6/15/08). More than 98% of the each company’s shares voted were cast in favor of the transaction, according to the companies. The transaction is expected to close once the companies […]
Hopkinton, MA 10/29/07; Washington, DC 10/30/08—Caliper Life Sciences has agreed to sell its Pharmaceutical Development & Quality Analysis (PDQ) product line to SOTAX for approximately $13.8 million in cash and $2 million of assumed liabilities. The PDQ line consists of the TPW3 tablet processing workstation, the APW3 active ingredient processing workstation, the MultiDose G3 dissolution […]
Erlangen, Germany 10/6/08—Siemens has acquired SG Wasseraufbereitung und Regenerierstation GmbH (SG Water Treatment and Regeneration) for an undisclosed amount. SG Water provides water treatment solutions for laboratories and industrial organizations, including ultra pure water systems and reverse osmosis equipment for the lab. The company will join Siemens Water Technologies, part of Siemens’ Industry Solutions Division. […]
Cleveland, OH 10/1/08—Parker Hannifin has purchased Hargraves Technology. Hargraves designs and manufactures miniature liquid and pneumatic diaphragm pumps, control valves and system solutions for medical devices, life science analytical instruments, as well as diagnostics, gas detection and printing systems. Based in Mooresville, North Carolina, Hargraves had 2007 sales of $14 million. Parker Hannifin will form […]
Venlo, the Netherlands 10/1/08; Uppsala, Sweden 10/1/08—QIAGEN NV has acquired the assets of the Biosystems business and the remaining 17.5% of Corbett Life Science (see IBO 7/15/08) from Biotage AB for approximately $53 million in cash and performance milestone payments of up to $7 million over four years. The Biosystems business develops and sells the […]
West Chester, PA 10/2/08—VWR International has acquired OMNILAB AG, a laboratory supply distributor based in Mettmenstetten, Switzerland. Founded in 1990, OMNILAB distributes chromatography, spectroscopy and labware products.
Carlsbad, CA 10/9/08; 10/15/08—Invitrogen announced it has amended the terms of its merger agreement with Applied Biosystems (ABI). To allow the companies’ stockholders to consider the amendment, the meetings to vote on the merger will take place October 28, instead of October 16. The amendment eliminates the requirement that the parties receive certain opinions regarding […]
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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.
