West Chester, PA 8/5/10; Christchurch, New Zealand 8/5/10—VWR has agreed to acquire the scientific distribution businesses of EBOS Group for an undisclosed amount. The businesses distribute general laboratory supplies and life science products in Australia and New Zealand through Quantum Scientific, Crown Scientific and Global Science & Technology. The businesses’ annual revenue is approximately $40 […]
Waltham, MA 8/3/10—PerkinElmer has acquired VisEn Medical, an in vivo molecular-imaging technology company, for an undisclosed amount. VisEn’s Fluorescence Molecular Tomographic Imaging Systems and reagents provide quantitative molecular-imaging data for identifying and characterizing disease biomarkers and therapeutic efficacy in cells and animal models. “This acquisition broadens our product portfolio along the drug discovery pipeline, from […]
Singapore and Hong Kong 10/22/10—Techcomp has announced the sale of its 50% stake in Bibby Scientific (Hong Kong), a joint venture with Bibby Scientific (see IBO 6/30/08), for laboratory supplies, for $980,000 in cash. “While there is a lot of potential to be derived from the Bibby Scientific JV, we believe that by reallocating our […]
Company Announcements Biotage AB announced a distribution partnership with John Morris Scientific for Australia and New Zealand. In April, Biotage announced long-term financial goals that can be achieved by 2012: organic growth of at least 10%, an increase in gross margin by 1–2 percentage points per year with a goal of achieving a gross margin […]
Ulm, Germany 7/28/10—WITec GmbH, a provider of optical and scanning probe microscopes, has announced the purchase of a majority stake in omt – optische messtechnik gmbh. Omt supplies optical metrology tools, such as reflectometers, spectral ellipsometers and spectrometers, specializing in industrial applications, including process control. “Our goal is the extension of our market-leading position in […]
Cincinnati, OH 7/20/10—Life science company Meridian Bioscience has acquired all the outstanding capital stock of the Bioline group of companies for $23.3 million in cash. Headquartered in the UK, Bioline is a manufacturer and distributor of molecular biology reagents, including nucleotides and DNA polymerase enzymes. Bioline’s 2010 revenues are estimated to exceed $12 million. “Bioline […]
San Diego, CA 7/27/10—Ilumina has announced that it completed the purchase of Helixis on April 30 for $70 million in cash and up to $35 million in contingent consideration. Helixis is the developer of a high-performance, low-cost real-time PCR system. Illumina will begin selling the system, the Eco, in August for a list price of […]
Stockholm, Sweden 5/17/10; Hopkinton, MA 5/17/10—Biotage has agreed to purchase Caliper Life Sciences’ RapidTrace and TurboVac product lines for $16.5 million in cash. In 2009, the product lines generated $9.5 million in sales. The RapidTrace SPE Workstation is a high-throughput solid phase extraction platform. The TurboVac Concentration Evaporator Workstations are microprocessor-controlled concentrators for automated sample […]
Washington, DC 6/10/10; Washington, DC 6/15/10—Certara, which Symyx Technologies has identified as the competitor that submitted a rival bid for the company (see IBO 5/31/10), has revoked its offer of $6.75 per share. Symyx stated that because there is now no superior proposal to Accelrys’s offer, it has terminated discussion with Certara.
Carlsbard, CA 5/28/10; Regensburg, Germany 5/28/10; Carlsbad, CA 6/2/10—Following the completion of its tender offer, Life Technologies has acquired a 74% stake in GENEART AG, a producer of synthetic genes (see IBO 4/30/10). “Through Life Technologies, GENEART will be able to materially expand its impact through enhanced distribution and commercial capabilities in the United States, […]
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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.
