Uppsala, Sweden 8/29/11—Investment firm nxt2b has agreed to acquire a 49% ownership share in Olink for an undisclosed amount. Olink Bioscience’s Duolink products are used for the visualization and quantification of individual proteins and their interactions and modifications in unmodified cells and tissues. Founded in 2004, Olink has 25 employees. “Together with nxt2b, we have […]
Chalfont St. Giles, UK 8/16/11—GE Healthcare has entered into an agreement to acquire PAA Laboratories, a developer and supplier of cell culture media for biomedical research and biopharmaceutical and vaccine manufacturing. Financial details were not disclosed. Headquartered in Pasching, Austria, with 215 employees, PAA had 2010 revenues of $55 million. “GE Healthcare Life Sciences is […]
Darmstadt, Germany 8/30/11; Seattle, Washington 8/30/11—Merck Millipore has agreed to acquire Amnis, a designer, manufacturer and seller of high-speed cell-imaging instrumentation. Financial terms were not provided. Amnis had 2010 sales of $14 million. The company has 40 employees. “Amnis’ technology will put EMD Millipore at the forefront of cell analysis by providing us access to […]
Instrument companies are increasingly partnering with universities and reaping the benefits. Agilent, Waters and Thermo Fisher Scientific’s academic collaborations provide R&D, application and market insights. These mutually beneficial relationships allow the company and the university to combine their resources. Several new products have emerged as a result of such partnerships. Each year, Agilent establishes as […]
Company Announcements In April, Metrohm became the exclusive distributor of Analytik Jena’s analytical measurement products in India and Scandinavia. In May, Anton Paar opened its 14th foreign subsidiary in Malmö, Sweden, to serve Sweden, Denmark and Finland. In June, Corning hired Dr. Richard Eglen as vice president and general manager of its Life Sciences business. […]
Rye, NY 7/7/11; Farnborough, UK 7/7/11—Spectro, a provider of instrumentation for oil and fuel analysis, has been acquired from QinetiQ by SFW Capital Partners, CEO Suneet Chadha and senior management for a total cash consideration of £20.5 million ($32.9 million = £0.62 =$1). The sale is expected to generate proceeds of £17 million ($27.2 million). […]
Radnor, PA 8/4/11—VWR International announced it has acquired LabPartner (Shanghai), a Chinese provider of lab equipment, reagents, consumables and services for the pharmaceutical and biopharmaceutical industries, with a focus on chemical distribution. Financial details were not disclosed. “VWR’s acquisition of LabPartner strengthens our position in China by increasing our scale, geographic reach and supplier offerings […]
Egham, UK 8/15/11—Spectris has agreed to acquire Omega Engineering for $475 million on a debt- and cash-free basis. Omega Engineering provides a broad range of process measurement and control instrumentation to industrial and academic markets. Spectris stated that the company has a differentiated customer service model, which emphasizes quality, availability, customization and delivery speed. “We […]
Berlin, Germany and Washington, DC 7/1/11—Bioscan has sold its radiopharmaceutical equipment business to Eckert & Ziegler Strahlen- und Medizintechnik, an isotope technology company, for an undisclosed amount. The sale includes analytical instruments used for the quality assurance of radioactive pharmaceuticals and automated radiopharmaceutical synthesis units. “By such an investment, we are broadening our commitment to […]
Chelmsford, MA 7/25/11—Brooks Automation has acquired Nexus Biosystems, a supplier of automated compound and sample management solutions for life science, for a net cash price of $79 million. For the twelve months ending June 30, Nexus recorded revenues of $36 million. “Together with our other recent acquisition, RTS Life Sciences, and our core technical competencies […]
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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.
