Company Announcements In August, plaintiffs dismissed their class action suit against VWR alleging the sale of chemicals to Saddam Hussein’s regime that were later used as weapons (see IBO 7/31/09). In October, the same action against Thermo Fisher Scientific was dismissed. Bruker Energy & Supercon Technologies announced the election of three new directors to expand […]
As IBO noted in its annual review of instrument and lab product company acquisitions (see IBO 11/15/09), the number of acquisitions picked up as 2009 progressed. This pace could continue, according to indications from several major companies. QIAGEN CFO Roland Sackers told Bloomberg in November that the company could spend as much as $200–$500 million […]
Lansing, MI 12/1/09—Neogen has acquired Gen-Probe’s BioKits food safety business, which includes more than 50 test kits for food allergens, meat and fish speciation, and plant genetics. The business also offers testing services. Terms were not disclosed. The business is expected to generate $3 million in revenues this year and has 25 employees based in […]
Poway, CA 12/7/09—NEXUS Biosystems, a provider of automated sample management systems, has acquired Aurora Biotechnologies, a developer of high-performance microplates for sample storage, high-throughput screening and cellular imaging. Financial details were unavailable. “As we head into 2010 with the Aurora technologies, we are very excited about the opportunity to expand our product reach beyond automated […]
Santa Clara, CA 12/7/09—Cell Biosciences, a provider of protein analysis technology, has acquired Protein Forest, the maker of the ProteomeChip product line for protein fractionation, for an undisclosed amount in an all-stock transaction. In connection with the purchase, Cell Biosciences raised $4 million in equity financing, led by Novo A/S. “The digital ProteomeChip product line […]
Woburn, MA 12/2/09; Bergen, Norway 12/9/09—Electrochemistry instrument supplier Nova Analytics has acquired Aanderaa Data Instruments AS (AADI) through its Nova Analytics Deutschland GmbH subsidiary. The sale was completed on November 30. Financial terms were not disclosed. AADI designs, manufactures and sells sensors, instruments and systems for measuring and monitoring environmental parameters, with a primary focus […]
Hopkinton, MA 12/14/09; Hudson, NY 12/14/09—Caliper Life Sciences has sold its Xenogen Biosciences subsidiary to lab rodent provider Taconic Farms for $11 million. Xenogen provides in vivo preclinical CRO services, 90% of which relate to animal production and phenotyping services. Caliper stated that the business is not essential to its IVIS instrumentation business. “This sale […]
Toronto, Canada 12/11/09—MDS has announced that it has been served with a Notice of Application from PerkinElmer regarding MDS’s sale of its Analytical Technologies business to Danaher (see IBO 9/15/09). The sale requires the consent of PerkinElmer, with which MDS has a joint venture for the development and manufacturing of inductively coupled plasma–MS (ICP-MS) systems. […]
Abbott Park, IL and Hollywood, FL 12/14/09—Health care firm Abbott has definitively agreed to acquire publicly held STARLIMS Technologies for $14 per share, a 43% premium over the company’s closing price on December 11, or $123 million in cash. STARLIMS is a provider of Laboratory Information Management Systems (LIMS) for research and clinical laboratories. The […]
Billerica, MA 11/23/09—Millipore has acquired the remaining 60% ownership of its joint venture in India. Based in Bangalore, Millipore India is primarily a sales, service and manufacturing organization with approximately 300 employees. “By establishing direct operations in the country, we will be able to more effectively execute our strategy and leverage our unique capabilities to […]
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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.
