Waltham, MA 7/18/11; Basingstoke, England 7/18/11—Thermo Fisher Scientific has acquired TREK Diagnostic Systems from Magellan Biosciences for an undisclosed amount. TREK Diagnostic Systems provides microbiology solutions, including blood culture, micro-organism identification and antibiotic susceptibility products. Based in Cleveland, Ohio, TREK had 2010 revenues of $34 million. “Advances in automation and the development of more rapid […]
New Castle, DE 7/27/11—TA Instruments, a Waters’s company, has acquired Anter Corporation and Anter Laboratories. Anter is a manufacturer of high-performance systems that measure thermal expansion, thermal conductivity, thermal diffusivity and heat capacity of a wide range of materials. “This acquisition adds powerful technologies which complement TA Instruments’ market leading thermal analysis product line,” said […]
Company Announcements In May, Bruker opened a new Singapore Center of Excellence, which provides sales and after-sales services for Southeast Asia. The Center has a staff of 45 and expects to hire 10 to 20 more employees. Bruker opened in May a major applications, training and service center in Shanghai, China. The center brings together […]
Venlo, the Netherlands and Melbourne, Australia 7/11/11— QIAGEN has increased its offer to acquire diagnostics maker Cellestis (see IBO 4/15/11). QIAGEN increased the offer price by 7% to AUD 3.80 ($3.96 =AUD 0.96 = $1) per share for a value of $374 million. QIAGEN stated that this would be its final offer absent a competing […]
Holliston, MA 7/1/11—Harvard Bioscience has acquired the preclinical research business of CMA Microdialysis through a purchase of assets. Microdialysis is used for in vivo sampling and monitoring of organs and tissues. “The acquisition of CMA Microdialysis’ preclinical business provides Harvard with a leading technology to add to our line of specialized tools for biological research,” […]
Stockholm, Sweden 7/6/11; Västra Frölunda, Sweden 7/6/11; Ballerup, Denmark 7/6/11—Biolin Scientific has agreed to acquire Sophion Bioscience, a provider of automated patch clamp products for ion channel research, for DKK 145 million ($28.1 million = DKK 5.15 = $1) and an additional DKK 10 million ($1.9 million) related to sales milestones. Based in Copenhagen, Denmark, […]
White Plains, NY and Yellow Springs, OH 7/11/11—ITT has definitively agreed to acquire, via merger, YSI. YSI develops and manufactures sensors, instruments, software and data collection platforms for environmental water monitoring. YSI had 2010 revenues of $101 million and employs 390 people with locations in the US, Europe and Asia. YSI will join ITT Analytics, […]
Company Announcements First-quarter Roche Applied Science revenue declined 12%, down 3% in local currencies, to CHF 198 million ($211 million) due to a large one-time order a year ago. Custom Biotech sales grew 13%, Genomic Analysis sales increased 1%, Other revenue fell 10% and qPCR & Nucleic Acid Purification sales fell 16%. Europe/Middle East/Africa and […]
Radnor, PA 6/1/11—VWR International has purchased BioExpress, a lab product distributor serving the education, biotechnology and government markets and the manufacturer of the GeneMate brand. Financial details were not disclosed. “Acquiring BioExpress supports VWR’s overall growth strategy by expanding customer relationships and strengthening VWR’s position in key education and government market segments,” stated Matt Malenfant, […]
Abingdon, UK 6/14/11; Taunusstein, Germany 6/14/11—Oxford Instruments has acquired Omicron NanoTechnology and Omniprobe. Based in Frankfurt, Germany, Omicron designs and produces advanced microscopes and chemical analysis instruments for nanotechnology research. Oxford Instruments acquired the company for €32.4 million ($46.5 million = €0.70 = $1) in cash on a cash-free debt-free basis. In 2010, Omicron generated […]
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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.
