Billerica, MA 10/6/15; Washington, DC 10/6/15—Bruker has agreed to acquire Israeli firm Jordan Valley Semiconductors, a provider of in-line X-ray metrology products for nanotechnology research and semiconductor production. The purchase price is a maximum of $53 million, including $30 million in cash, according to a SEC filing by Elron Electronic Industries, which holds a 19% […]
Tucson, AZ 9/18/15—Protein Technologies (PTI) has reached an agreement with Peptide Solutions (PSL) in its suit against the company alleging breach of contract, breach of fiduciary duty, misappropriation of trade secrets and proprietary information, and tortious interference (see IBO 1/31/15). PTI has withdrawn the case, and PSL has dropped its counterclaims.
Mannheim, Germany 9/15/15; Cambridgeshire, UK 9/7/15—IVD firm ERBA Diagnostics Mannheim has acquired Lumora, a provider of diagnostic technology for clinical and industrial markets, for an undisclosed amount. “The acquisition of Lumora enhances our existing portfolio of instruments, test kits and reagents for clinical chemistry, microbiology, hematology, diabetes, immunology, urine chemistry, critical care and homeostasis testing,” […]
Omaha, NE 9/30/15 — Transgenomic has announced the signing of a term sheet to sell its Genetic Assays & Platforms Business Unit (GAP) to ADTEC, a Japanese supplier of instruments and reagents to the biotechnology industry. Transgenomic will receive $300,000 for existing GAP stock and inventory. The divestment is expected to reduce Transgenomic’s expenses by […]
Darmstadt, Germany 9/28/15; St. Louis, MO 9/28/15—Merck KGaA has announced that it expects to close its $17 billion acquisition of Sigma-Aldrich (see IBO 9/30/14) within the next two months. Merck had originally expected the transaction to close in the third quarter. “We are diligently working on fulfilling the EU commitments,” commented Bernd Reckmann, member of […]
Company Announcements In July, Shimadzu established the 672 m2 SSI Innovation Center at its US subsidiary in Maryland to foster more joint research and collaborative projects with customers. The 26-employee Center consists of the Strategic Collaboration Development Group, Research and Development Group and Application Development Group. A $20 million investment is planned over the next […]
Newark, DE 8/27/15—Analtech/iChromatography has been acquired by General Manager Steven C. Miles from the estates of Matt Lamkin and Kenneth Rainin, the company’s owners. Analtech manufactures TLC plates, and supplies HPLC columns, SPE columns and semiautomated sample application equipment. Discussing changes to the company’s product lines, Mr. Miles, who has been general manager since 2006, […]
Begbroke, UK 9/3/15; Nottingham, UK 9/3/15; Oxford, UK 9/10/15—Genetics research solutions firm Oxford Gene Technology (OGT) has sold its NGS services business to Source BioScience, a provider of lab services and products, for an undisclosed amount. As part of the agreement, OGT has licensed its analysis software to Source. “OGT’s genomics products portfolio has been […]
Lake Forest, IL 8/3/15; Vernon Hills, IL 8/18/15—IDEX Health and Science, part of fluid and metering technologies firm IDEX, has sold its Ismatic product line to lab product company Cole-Parmer for $28 million. Part of IDEX’s Scientific Fluidics Platform, the Ismatic business recorded 2014 revenues of $13 million. The independent channel control peristaltic pumps are […]
Omaha, NB 9/9/15; Los Angeles, CA 9/10/15—Transgenomic, a publicly held provider of diagnostics technologies, has sold its IC product line, including columns and resins, and related assets to EdgeBio for $2.1 million in cash. EdgeBio, which is owned by investment firm StoneCalibre, manufactures and distributes sample preparation and clean-up products for NGS. The IC business […]
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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.
