Singapore 8/18/08—Techcomp has acquired an approximately 81% interest in Shanghai Sanco Instrument via the purchase of 68% of Richwell Hightech Systems for RMB 4.8 million ($700,000). Registered as a foreign-invested enterprise in China with capital of $350,000, Shanghai Sanco manufactures and sells diagnostic and analytical instruments. Techcomp stated that the acquisition will provide operational synergies […]
Carlsbad, CA 8/25/08; Norwalk, CT 8/25/08; Washington, DC 8/21/08; Carlsbad, CA and Foster City, CA 7/29/08; Carlsbad, CA 6/20/08—Shareholders of Applied Biosystems and Invitrogen will vote on the companies’ proposed $6.7 million merger (see IBO 6/15/08) on October 16. In late July, the companies announced the expiration of the Hart-Scott-Rodino Waiting Period, giving the merger […]
Karlsruhe and Herzogenrath, Germany 8/18/08—Bruker AXS GmbH has agreed to acquire S.I.S. Surface Imaging Systems GmbH, a manufacturer and distributor of atomic force/scanning probe microscopy (AFM/SPM) systems with $3 million in annual revenues. Additional financial details were not provided. Following the acquisition, S.I.S. will be renamed Bruker Nano GmbH and will remain at its location […]
In the second multibillion dollar deal in the analytical instrument industry in less than two years, Invitrogen and Applied Biosystems announced on June 12 a $6.7 billion merger agreement (see page 2). The merger will create the industry’s largest company and the dominant supplier for life science research. The deal brings together the industry’s largest […]
Madison, WI 5/30/08—Molecular diagnostics company Third Wave Technologies has agreed to acquire Stratagene’s Full Velocity patents and patent applications from Agilent Technologies. The Full Velocity patents cover quantitative PCR and quantitative real-time PCR chemistries. “Third Wave’s strategic acquisition of the Full Velocity patents cements an integral part of our clinical menu expansion plans and provides […]
Company Announcements In January, Axela signed a North American distribution agreement with VWR for its dotLab system and reagents. BioForce Nanosciences President and COO Kerry Frey was named president and CEO in January, and former CEO Eric Henderson was named to the newly created position of chief science officer. OpGen appointed Noel Doheny CEO in […]
Company Announcements Mut AG acquired 51% of tec5 AG in December 2007 for approximately €2.7 million ($3.7 million). Tec5’s estimated 2007 revenues are €5.5 million ($7.5 million). Aspectrics appointed Qwest Scientific Group its exclusive distributor for the Pacific Southwest and Pacific Northwest US. Aspectrics named Scientific Support Services as its exclusive UK and Irish distributor. […]
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 […]
Migdal Ha’emek, Israel 4/15/08—Jordan Valley Semiconductors has acquired the assets of X-ray diffraction metrology company Bede, which went into administration last month (see IBO 3/31/08). “The acquired technology will fit into our product line almost seamlessly and will strengthen Jordan Valley’s position as the market leader in X-ray metrology,” stated Jordan Valley CEO Isaac Mazor.
Palo Alto, CA 4/7/08; Abingdon, UK 4/7/08—Varian has acquired Oxford Instruments’ spin out Oxford Diffraction for $37 million in cash and assumed net debt. Oxford Diffraction, of which Oxford Instruments held a 23% stake, develops and manufactures x-ray crystallography instrumentation for pharmaceutical research. The company posted revenues of $15 million for the year ended March […]
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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.
