Guildford, UK, Burlington, MA and Portland, ME 8/26/10—Data management and analytics solutions provider IDBS has agreed to acquire Quantrix for an undisclosed amount. Quantrix provides business modeling and analytics software and services. IDBS currently licenses Quantrix’s technology for use in its E-Workbook Suite electronic laboratory notebook. “This transaction allows us to accelerate the introduction of […]
Holliston, MA 8/23/10—Harvard Bioscience has acquired substantially all the assets of Coulbourn Instruments for an undisclosed amount. Coulbourn Instruments manufactures behavioral measurement products, with an emphasis on systems for assessing learning and memory utilized in research labs. “The acquisition of Coulbourn provides us another well established brand in our portfolio of products and enables us […]
Portland, OR 8/16/10; Arlington, VA 8/16/10—FLIR, a developer of advanced sensor technologies, has entered into a definitive merger agreement with ICx Technologies for an aggregate cash purchase price of $274 million. ICx Technologies product offerings include systems for chemical, biological, radiation, nuclear and explosives detection. The offer consists of a cash tender offer for outstanding […]
Waltham, MA 8/31/10—PerkinElmer has signed a definitive agreement to sell its Illumination and Detection Solutions (IDS) business to private equity firm Veritas Capital Fund III for $500 million, or $482 million net of payments for acquired cash balances. The IDS business provides custom-designed specialty lighting and sensor components, subsystems and integration solutions to major OEMs […]
Carlsbad, CA and Guilford, CT 8/17/10—Life Technologies has agreed to buy Ion Torrent for $375 million in cash and stock. Ion Torrent’s PostLight sequencing technology translates chemical signals into digital information on a semiconductor chip. An additional consideration of $350 million cash and stock will be available upon the achievement of certain technical and time-based […]
Billerica, MA 8/16/10; Plainview, NY 8/16/10—Bruker has agreed to acquire Veeco Instruments’ Metrology business, consisting of its scanning probe microscopy (SPM) and optical industrial metrology (OIM) instruments, for $229 million in cash. In 2011, the business is forecast to contribute revenues of more than $130 million and adjusted operating margins of greater than 15%. Bruker […]
Company Announcements Life Technologies announced the closure of manufacturing sites in Camarillo, California, and Bromborough, UK. Operations will be consolidated at the Frederick, Maryland, and Warrington, UK, facilities. Life Technologies formed the GIBCO Cell Therapy Systems product portfolio in June, which offers products to support cell therapy applications, including regenerative medicine. Biotage A/S named Andres […]
Rockville, MD 8/12/10—OriGene Technologies has acquired Blue Heron Biotechnology, a gene synthesis company. “We are 100% committed to serving our customers with high-quality, strict confidentiality standards and improved business efficiency,” commented OriGene Chairman and CEO Dr. Wei-Wu He. “This latest purchase is a further indication of OriGene’s determination to expand its gene-centric tools portfolio for […]
Waltham, MA 7/2/10; Tokyo, Japan 7/2/10—Olympus NDT has acquired Innov-X Systems, a manufacturer of portable X-ray fluorescence (XRF) systems, for an undisclosed amount. Innov-X has operated as a business division of Olympus NDT since July 1. Olympus has retained Innov-X’s current management and employee base. “The decision to acquire Innov-X Systems was based on the […]
Corning, NY 8/13/10—Corning has agreed to acquire Plaslab SAS, a manufacturer and distributor of plastic consumable labware in Europe, for an undisclosed amount. France-based Plaslab is the holding company of Plastiques Gosselin SAS. “One way we create balance is by building a healthy portfolio of businesses in different markets,” stated Corning President and COO Peter […]
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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.
