Reinach, Switzerland 9/27/13—Endress+Hauser, a supplier of industrial measurement and automation equipment, has announced that, following its purchase of 47% of the shares of publicly held German analytical instrument firm Analytik Jena, it is preparing an offer to shareholders to acquire the remaining shares. The company plans to offer €13.75 ($18.57 = €0.74 = $1) per […]
Santa Clara, CA 9/19/13; Santa Clara, 9/19/13—Agilent Technologies has announced plans to spin off its Electronic Measurement division as a separately traded public company. The remaining business, consisting of the company’s Life Sciences, Chemical Analysis and Diagnostics segments, will retain the Agilent name and continue under President and CEO William Sullivan. Those businesses are estimated […]
Major changes at the top analytical instrument companies continue to unfold. This month, Agilent Technologies, the second-largest analytical and life science instrument company (see IBO 4/15/13), announced that it will spin off its Electronic Measurement Group (EM), transforming it into a company dedicated to laboratory instrumentation. This follows the April announcement of the acquisition of […]
Company Announcements Teledyne Technologies promoted Al Pichelli, president and CEO of the Instrumentation, and Aerospace and Defense Electronics segments, to executive vice president. In July, Thermo Fisher Scientific established the China Innovation Center in Shanghai. The $9.5 million Center is expected to add 200–300 engineers over the next two to three years. The Center includes […]
San Diego, CA 9/3/13—Lab informatics firm Accelrys has acquired ChemSW, a provider of compliance solutions for environmental health and safety, including automated chemical inventory management, for $15.3 million in cash. The acquisition is expected to be modestly accretive to Accelrys’s non-GAAP EPS for 2013 and contribute $1–$2 million in non-GAAP revenues this year. ChemSW employees, […]
Beverly, MA and Boulder, CO 9/6/13—Enzymatics, a producer of reagents, kits and assays, has acquired ArcherDx, a developer of kits and software for next generation sequencing (NGS) for use in investigating cancer treatments, for cash, equity and potential milestones worth up to $50 million. Enzymatics stated that the acquisition expands its Enzymatics Diagnostics group, adding […]
Billerica, MA 9/12/13—Bruker has acquired Prairie Technologies, a supplier of life science fluorescence microscopy products, for an undisclosed amount. Prairie had 2012 revenues of $11 million and has 30 employees. “Their Ultima two-photon microscopy product line and the new Opterra swept field multipoint scanning confocal fluorescence product line present new exciting areas of growth for […]
Marcy l’Etoile, France 9/3/13—IVD firm bioMérieux has agreed to acquire PCR provider BioFire Diagnostics for $450 million and BioFire’s net financial debt. BioFire manufactures the multiplex PCR FilmArray System for the diagnosis of infectious disease. Based in Utah with 500 employees, BioFire is estimated to have 2013 revenues of $70 million, including $40 million in […]
Reinach, Switzerland 8/30/13; Cedar Rapids, IA 8/30/13—Rockwell Collins, a provider of communication and aviation electronic solutions, has sold its Kaiser Optical Systems business to Endress+Hauser, a provider of measurement instrumentation for industrial process engineering, for an undisclosed amount. Kasier supplies spectrographic instrumentation and applied holographic technology, including Raman instrumentation and holographic components. “The Raman technology […]
Thousand Oaks, CA 8/19/13; Thousand Oaks, CA 8/30/13—Teledyne Technologies’ Teledyne Instruments subsidiary has agreed to acquire the assets of SD Acquisition, better known as CETAC Technologies, for an undisclosed amount. CETAC supplies automated sample introduction equipment for elemental and chemical analysis systems, sample preparation devices for trace elemental analysis, and mercury analysis systems. “CETAC’s laboratory […]
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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.
