Carlsbad, CA 9/16/08; Carlsbad, CA and Foster City, CA 9/17/08; Carlsbad, CA 9/26/08—Invitrogen has completed the syndication of the $2.65 billion in financing for its acquisition of Applied Biosystems (ABI) (see IBO 6/15/08). Thirty bank lenders have committed to a Term Loan A in the amount of $1.4 billion, and 250 lenders have committed to […]

Chalfont St. Giles, England 9/30/08; Boston, MA 9/30/08—GE Healthcare has acquired MicroCal, a developer and manufacturer of microcalorimeters, for an undisclosed amount from majority owner Riverside Partners and other investors. MicroCal’s 2008 revenues are estimated to be $28 million, up from $21 million in 2007, and have grown at more than 25% annually. According to […]

Eden Prairie, MN 9/30/08—SurModics, a surface modification and drug delivery technologies company, has acquired GE Healthcare’s CodeLink Activated Slide microarray business. Terms were not disclosed. The CodeLink Activated Slides use SurModics’ PhotoLink technology, which creates a three-dimensional matrix for the attachment of biomolecules. SurModics stated that it plans to sell the product line directly into […]

Sydney, Australia 9/4/08 and 9/9/08—Fluorotechnics, a provider of fluorescence labels and stains for life science research, has acquired the Gel Company. Based in San Francisco, California, the Gel Company offers more than 250 products for proteomics, cell culture, DNA sequencing, liquid handling, microarrays and PCR, including instrument accessories. “With Gel Co’s San Francisco distribution office, […]

Amersham, UK 9/8/08—The Photonics business of Halma’s Health and Analysis sector has acquired Fiberguide Industries for $14.5 million in cash and additional payouts based on targets. Based in Stirling, New Jersey, Halma designs and manufactures optical fiber cables and assembles, primarily custom-designed products for OEMs. Approximately half of the company’s revenues are from medical/biomedical, spectroscopic […]

Wedel Germany 9/4/08; Eerbeek, The Netherlands 9/4/08—M.u.t. AG, a publicly held provider of lab automation, spectroscopy, aviation and fire detection systems, has acquired 51% of Avantes Holding BV, effective January 1, but just announced this month. Based in the Netherlands with 40 employees, Avantes provides fiber optic spectrometers and accessories for online analysis and is […]

St. Louis, MO and Mountain View, CA 9/9/08—Informatics company Tripos has entered into a definitive agreement to acquire publicly held Pharsight for approximately $57 million in cash. Pharsight shareholders will receive $5.50 per outstanding share of common stock, a 29% premium over the average 30-day closing price as of September 8. Pharsight offers software and […]

London, England 9/1/08—Andor Technology has received a counter offer to acquire the company from investment group Carraig Capital, which is offering 76 pence per share ($0.0138), or an estimated £22.7 million ($41.3 million), compared to an offer of 73 pence per share ($0.0133) from Thorndale (see IBO 8/15/08). In response, Andor withdrew its recommendation for […]

Company Announcements YSI named Dr. Edward King vice president of R&D and chief technology officer in June. In July, PerkinElmer named Alan Fletcher, PhD, vice president of business development for the Life and Analytical Sciences business with the responsibility for growing the Bio-discovery business. He joined the company from GE Healthcare. GE appointed John Dineen, […]

Irvine, CA 8/26/08—Horiba Instruments, the US subsidiary of Horiba, has announced acquired the assets of Beta Scientific effective May 1. Beta Scientific offered the SA-9600 line of Surface Area Analyzers for measuring low surface-area samples. Horiba stated the product line compliments its particle size, particle shape and zeta potential product lines.