Männedorf, Switzerland 7/30/14—Tecan has agreed to acquire German firm IBL International, a provider of microtiter-plate–based imunoassays for specialty diagnostics for use in research and clinical labs, for €29.0 million ($39.2 million = €0.74 = $1). In 2013, IBL had revenues of €16 million ($21 million = €0.75 = $1). “As part of our strategy, this […]
Company Announcements Freiberg Instruments, a provider of inline metrology solutions, announced in January the acquisition of German firm Magnettech, a supplier of electron spin resonance (ESR) systems. Dr. Kay Dornich succeeded Dr. Eberhard Friese as CEO, but Dr. Friese will remain with the company. More than 300 of Magnettech’s MS 400 ESR/EPR systems are installed […]
With all companies in the IBO Laboratory Sales Index having reported first quarter financials except for Spectris and Tecan, Index figures have been updated from the May 15 issue. First quarter Index sales expanded 6.9%, 6.7% excluding currency, to $6,286 million. Adjusted operating profit advanced 12.8% to $1,366 million, primarily due to strong results from […]
Company Announcements Thermo Fisher Scientific sold Separation Technology, a manufacturer of IVD devices for the hematology-testing market, to EKF Diagnostics for $4.0 million in March. Thermo Fisher Scientific announced a memorandum of understanding in May with the National University of Singapore to develop a strategic alliance to advance basic and applied research. For up to […]
Hilden, Germany and Germantown, MD 5/30/14—QIAGEN disclosed as part of an announcement of a codevelopment deal with Eli Lilly and Company for companion diagnostics, that it has acquired PrimeraDx. All PrimeraDx employees have joined QIAGEN. PrimeraDx’s multimodal, multianalyte platform enables the simultaneous single-assay analysis of dozens of DNA and RNA biomarkers, their copy numbers, expression […]
Surrey, UK 6/18/14—Spectris has acquired Canadian company La Corporation Scientifique Claisse, a provider of sample preparation consumables and instruments for atomic spectroscopy analysis, for an undisclosed amount. Claisse had annual revenues ending March 2014 of CAD 13 million ($12 million = CAD 1.05 = $1). Claisse will become part of Spectris’s PANalytical business, which makes […]
Company Announcements Andor Technology, an Oxford Instruments company, appointed Gary Wilmot, director of Engineering, as managing director in March. He replaces Conor Walsh. Hitachi High-Technologies announced in April the establishment of a Mexican subsidiary to accelerate business development in the automotive and industrial markets. In April, EMD Millipore announced a new, nonexclusive preferred-distribution agreement for […]
Newtown, PA 6/6/14—GGA Software Services, a supplier of scientific-informatics services, has been acquired by EPAM Systems, a publicly held provider of product-development and software-engineering solutions, for cash and $10 million in stock. “Not only are we very excited about the significant growth opportunity in the Life Sciences and Healthcare industry verticals, we also see tremendous […]
Bonn, Germany 5/22/14—German firm KonTEM, a developer of phase-contrast technology for TEM, has been acquired by FEI for an undisclosed amount. High-Tech Gründerfonds, an investor in KonTEM, announced the sale. KonTEM’s technology improves image contrast without affecting resolution. KonTEM is a spin-off of the Max Planck Society and the Center for Advanced European Studies and […]
Radnor, PA 6/4/14—VWR has acquired LABRepCo, a distributor of lab equipment to the eastern US. Financial details were not disclosed. LABRepCo specializes in lab equipment supply and partnering in new lab builds and renovations through consultative relationships. “Like VWR, LABRepCo believes that its people are what differentiate them in the industry,” said Mark McLoughlin, senior […]
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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.
