Shenzhen, China, 3/15/13; Shenzhen, China, 3/12/13; Mountain View, CA, 3/12/13—BGI-Shenzhen’s wholly owned subsidiary Beta Acquisition Corporation has completed its all-cash tender offer for sequencing service provider Complete Genomics. BGI will purchase all outstanding shares of Complete Genomics common stock for $3.15 per share in cash without interest. Complete Genomics will become a wholly owned subsidiary […]
Sydney, Australia 1/24/13; Palo Alto, CA 3/4/13—Bioinformatics firm PREMIER Biosoft has acquired the assets of the ProteoIQ MS software business from NuSep for an undisclosed amount. The ProteoIQ platform provides proteomic data analysis to streamline the process of statistical validation, protein quantification and comparative proteomics. “For the rapidly growing proteomics market, ProteoIQ is a strategic […]
New York, NY 3/7/13—At its annual investors meeting, Agilent Technologies announced that it will exit its OEM and Specialty magnets business. The business, which it had acquired when it bought Varian (see IBO 7/31/09), makes super high-end magnets for research and other applications. Nick Roelofs, president of Agilent’s Life Sciences Group, told the conference, “This […]
New York, NY 3/5/13; New York, NY 3/6/13; New York, NY 3/12/13—Reuters reported on March 5 that private equity firms are interested in jointly making an offer to acquire Life Technologies (see IBO 1/31/13, 2/28/13), according to people familiar with the situation. The consortium would include Blackstone, Carlyle, TPG Capital and Temasek Holdings, but discussions […]
La Jolla, CA and Coralville, IA 2/27/13—Synthetic Genomics (SGI) has announced the formal launch of SGI-DNA for the development, manufacture and commercialization of its synthetic DNA technology. Synthetic Genomics and Integrated DNA Technologies (IDT) have also expanded their collaboration (see IBO 3/31/12) to include the manufacture and co-branding of cloned synthetic DNA constructs up to […]
Bologna, Italy 2/26/13; Sanford, ME 2/26/13—Filtration products manufacturer GVS has acquired a majority equity interest in Maine Manufacturing. The invested capital was used to support Maine Manufacturing’s recent acquisitions of selected GE Osmonics products (see IBO 12/15/12) and life science product lines from GE Healthcare (see IBO 1/15/13). “This alliance will allow Maine Manufacturing to […]
Novato, CA 2/21/13—BioSearch Technologies, a supplier of oligonucleotide-based tools for research and diagnostics, has acquired Danish firm DNA Technology‘s oligonucleotide manufacturing division and German company VitraBio for undisclosed amounts. DNA Technology specializes in the production of modified oligonucleotides. VitraBio manufactures controlled-pore glass (CPG), a DNA/RNA synthesis support material, and worked with BioSearch Technologies prior to […]
New York, NY 2/20/13—Reuters reported that the potential buyout of Life Technologies is now less likely given the company’s current valuation. According to a person familiar with the matter, Thermo Fisher Scientific is doubtful about the purchase and is no longer pursuing it due to the rise in Life Technologies’ stock price to above $60 […]
2/21/13 Hong Kong; 2/27/13 Hong Kong; 2/25/13 Livingston, UK—Techcomp Europe has acquired Edinburgh Instruments (EI) for approximately $5.0 million. EI supplies lifetime fluorescence spectrometers, lasers and gas sensors to research and industrial markets. The 65-person company’s net profits after taxes for fiscal 2012 ending March 31, 2012 totaled £438,000 ($695,238 = £0.63 = $1). “We […]
Company Announcements PerkinElmer opened a customer center in Krakow, Poland. Analytik Jena was among the supporters of an endowed professorship in fiber optics awarded to Markus Schmidt at Germany’s University of Jena. HORIBA inaugurated in November 2012 its research and technology center at France’s Saclay Technopole. The facility, which is 7,500 square feet with the […]
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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.
