Company Announcements CPI International named General Manager Jarrett Wendt president and CEO in October. In October, BioSurplus opened a sales office in Incheon, South Korea, in partnership with jDepot. In October, Agilent and the Agilent Technologies Foundation selected Steven Carr, PhD, who directs the Proteomics Platform at the Broad Institute of MIT and Harvard, for […]
Newark, DE 11/11/11; London, UK 11/11/11; Newark, DE 12/9/11; London, UK 12/9/11—Antibody solutions firm SDIX has sold its Water Quality division to Modern Water, a publicly held UK firm that provides technology for water desalination and monitoring, for $4.5 million. The sale includes the division’s intellectual property, inventory, commercial contracts, equipment and staff. The division […]
Gaithersburg, MD 12/14/11—Ocimum Biosolutions announced that it has retained Burrill & Company to evaluate strategic alternatives for its Gene Logic business, which could include the sale of its operations or assets. Gene Logic provides genomics services and informatics solutions. Burrill & Company is identifying buyers to bid on the company’s assets before January 6, 2012.
Amsterdam, The Netherlands 12/8/11—Scientific publisher Elsevier has acquired the business assets of Ariadne Genomics for an undisclosed amount. Ariadne Genomics provides pathway analysis tools and semantic technologies for life science researchers, including the Pathway Studio data mining and visualization solution. “Ariadne Genomics’ pathway analysis tools and semantic technologies integrate research findings from across multiple content […]
Corning, NY 12/1/11—Corning has acquired Mediatech, including its KD Medical subsidiary, for an undisclosed amount. Mediatech develops, manufactures and sells cell culture media and molecular biology reagents related to tissue and cell culture applications, including products under the cellgro brand. “By providing customers worldwide with greater access to Mediatech’s cellgro product portfolio, this acquisition supports […]
Santa Clara, CA 12/1/11—Agilent Technologies has announced the acquisition of two firms. Financial details were not provided. Agilent has acquired Halo Genomics, whose HaloPlex technology provides sequence-selective sample preparation in next-generation sequencing (NGS). “Halo Genomics’ unique technology and talented R&D team will expand Agilent’s solutions for emerging sequencing applications and accelerate our entry into the […]
Bad Ragaz, Switzerland and Syracuse, NY 11/15/11—INFICON has acquired the assets of Photovac, a developer and manufacturer of detection equipment for volatile organic compounds. Financial details were not disclosed. Based in Waltham, Massachusetts, Photovac’s products include portable and rack-mounted instruments for photoionization detection (PID), flame ionization detection (FID) and GC. The products will join INFICON’s […]
Santa Clara, CA 11/30/11—Affymetrix has agreed to acquire eBioscience for $330 million in cash. EBioscience is a provider of flow cytometry and immunoassay reagents for immunology and oncology research and diagnostics, with estimated 2011 sales of more than $70 million. The company has gross margins of over 70% and an EBITDA margin of 30%. “With […]
Company Announcements GE announced in its quarterly conference call that second-quarter sales for GE Healthcare Life Sciences increased 7%. Sigma-Aldrich’s second-quarter sales grew 15.0% to $637.0 million (see IBO 7/31/11) or 6% organically. Currency effects and acquisitions increased sales 7.8% and 1.6%, respectively. Research Essentials, Research Specialties, Research Biotech and Fine Chemicals revenues grew 17%, […]
Gothenburg, Sweden 9/15/11; Paris, France 9/15/11; Paris, France 11/2/11; Paris, France 11/4/11—Publicly held genome-engineering firm Cellectis has acquired Sweden’s Cellartis for 1.93 million shares and €16.4 million ($ 22.5 million = €0.73 = $1) in cash. Cellartis is a provider of stem cell–derived products and technologies, including human embryonic stem cell–derived hepatocytes and cardiomyocytes used […]
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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.
