Carlsbad, CA 4/12/13—Life Technologies has acquired KDR Biotech, a South Korean reagent distributor and Life’s primary Korean distributor since 1982. Financial details were not disclosed. “The acquisition of KDR Biotech is in line with Life’s Asia-Pacific Japan strategy to further develop customer relationships, improve the customer experience and increase revenue in the fast growing South […]
Waltham, MA and Carlsbad, CA 4/15/13—Thermo Fisher Scientific will acquire Life Technologies for $76.00 per fully diluted common share, or $13.6 billion (see IBO 3/31/13). This is a 7.5% premium over Life’s closing price on the prior trading day. Thermo will also assume Life’s net debt, which totaled $2.2 billion at the end of 2012. […]
Thermo Fisher Scientific announced plans to acquire Life Technologies on April 15 for $13.6 billion (see page 2), making it one of the largest acquisitions in the history of the analytical and life science instrument industry. The acquisition brings together the largest and third-largest analytical instrument and lab product suppliers (see page 1), creating a […]
Company Announcements Illumina announced in January that its 2013 organic investments will include the addition of 50 sales representatives for improved geographic reach, incremental R&D investments and infrastructure enhancements. Becton, Dickinson and Company appointed Catherine M. Burzik to its Board in January. Most recently, she was CEO of Kinetic Concepts. QIAGEN currency-neutral fourth-quarter 2012 revenues […]
St. Joseph, MI 3/18/13—LECO and AB SCIEX have announced a comarketing agreement in North America and Europe for the sale of bundled solutions for metabolomics research. The products covered by the agreement are LECO’s GC-TOF MS and AB SCIEX’s LC/MS systems. “Representing a virtual one-stop shop for metabolomics mass spectrometry, the joint bundles from AB […]
Carlsbad, CA 3/21/13—Active Motif, a provider of epigenetics-based research tools to analyze nuclear function, has acquired SwitchGear Genomics for an undisclosed amount. SwitchGear Genomics supplies research products for studying the human genome’s regulatory elements. “SwitchGear Genomics has a unique combination of expertise in computational regulatory element identification, experimental validation and data analysis that offers the […]
St. Louis, MO 3/22/13—The St. Louis Post-Dispatch has reported that Sigma-Aldrich plans to sell SAGE (Sigma Advanced Genetic Engineering) Labs, its research animal model business, to a private equity firm. A Sigma-Aldrich spokesperson told the newspaper that as the result of the company’s recent reorganization (see IBO 3/15/13), the business is not a strategic fit. […]
New York, NY 3/19/13; New York, NY 3/22/13—Reuters reported that Roche is contemplating a bid to acquire Life Technologies (see IBO 1/31/13, 2/28/13, 3/15/13), according to anonymous sources. However, Bloomberg later reported that Roche was only considering a purchase of part of the company. Two sources told Bloomberg that industry companies, such as Danaher or […]
Company Announcements In January, Anton Paar opened subsidiaries in Poland, South Africa and Brazil. Microwave synthesis and Petrotest products will continue to be distributed in Poland by Comef and Tusnovics, respectively. The South African subsidiary is a joint venture with sales partner Swiss Lab. In January, AMETEK Advanced Measurement Technology acquired Sunpower, a developer of […]
Milford, MA 3/14/13—Waters and GC company DANI Instruments have partnered to connect their chromatography products. Waters’ Empower Chromatography Data Software will work with DANI’s Headspace and Gas Chromatography Instruments. The software links an array of chromatographic modules to the Empower data management system. “The cooperation between DANI and Waters will provide Empower Software users with […]
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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.
