Branford, CT and Tempe, AZ 10/11/11—Roche has agreed to license several technologies developed by Dr. Stuart Lindsay at the Biodesign Institute at Arizona State University and Dr. Colin Nuckolls of Columbia University Nanoscience Center. The technologies include specialized approaches for DNA base sensing and reading and will be used in Roche’s development of a single-molecule, […]
Hillsboro, OR 11/14/11—Electron microscopy company FEI has acquired TILL Photonics, a supplier of high-resolution, digital light microscopes and high-speed imaging systems for live-cell fluorescence microscopy, for €14.5 million ($19.9 million = €0.73 = $1) plus an earn out payable in two years based on milestones. In 2011, TILL is expected to have revenues of $8 […]
Wetzler, Germany and Delhi, India 11/14/11; Delhi, India 11/14/11—Leica Microsystems and AB SCIEX, two Danaher Life Sciences businesses, have announced acquisitions from Labindia Instruments, the companies’ Indian distributor. AB SCIEX has acquired Labindia Instruments’ MS business, including customer relationships, personnel and application support facilities. Labindia has distributed AB SCIEX’s MS systems in India for 15 […]
Following a broad rebound in merger and acquisition (M&A) activity in 2010, consolidation among analytical instrument and laboratory product–related companies continued at a prevalent pace this past year. Danaher, Thermo Fisher Scientific and PerkinElmer highlighted this year’s M&A market, together spending roughly $10 billion on pure-play acquisitions, of which roughly half were financed through new […]
Ithaca, NY 10/26/11; Research Triangle Park, NC 10/26/11—Advion, a provider of LC and MS products, has announced the sale of its Biosciences business to Quintiles Transnational for an undisclosed amount. Advion Biosciences provides bioanalytical services. Advion CEO and President David Patteson and Dr. Jack Henion, company chief scientific officer, chairman and cofounder, will remain with […]
Berwyn, PA 10/17/11; Chicago, IL 10/17/11—AMETEK has acquired Reichert Technology for $150 million from private equity firm Beecken Petty O’Keefe & Company. Based in Depew, New York, with annual sales of $55 million, Reichert Technology is manufacturer of analytical instrument and diagnostic devices for the eye care market. “Reichert Technologies is an excellent acquisition, which […]
Goettingen, Germany 10/26/11; Helsinki, Finland 10/26/11—Sartorius has agreed to acquire the Liquid Handling business of Biohit for €68 million ($95 million = €0.72 = $1) in cash. The business offers mechanical and electronic pipettes and disposable tips and has 400 employees. In 2010, the business had sales of €37.8 million ($49.7 million = €0.76 = […]
The Woodlands, TX 10/13/11; San Jose, CA 10/13/11—Rigaku Americas has acquired BaySpec’s handheld Raman technology and products lines for an undisclosed amount. Rigaku will form a new division, Rigaku Raman Technologies, for R&D, engineering, production, marketing and distribution of the products. The first products will be the FirstGuard and Xantus series, which cover the sample […]
Shanghai, China 10/14/11—R&D services firm WuXi PharmaTech has acquired Abgent, a provider of biological research reagent products and services, for an undisclosed amount. The world’s largest manufacturer of antibody reagents for research use, according to WuXi PharmaTech, Abgent offers a catalog of 20,000 antibody products. Abgent manufactures antibodies for distribution by reagent suppliers and also […]
Hercules, CA 10/5/11—Bio-Rad Laboratories has acquired QuantaLife for $162 million in cash and potential future milestone payments. QuantaLife is a developer of digital PCR technology (see IBO 12/15/10), which can be used for the detection of rare mutations. The company’s Droplet Digital system (ddPCR) is used for the validation of next-generation sequencing results. “We are […]
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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.
