Sunnyvale, CA 9/16/09; Chelmsford, MA 9/22/09—Dionex has entered into an asset purchase agreement for ESA Biosciences’ Life Sciences Tools business from Magellan Biosciences. The purchase includes the Corona family of Universal Charged Aerosol Directors for HPLC, HPLC clinical assays, and ESA Laboratories services and assets. The purchase price was not disclosed. The detectors will be […]
Santa Barbara, CA 7/31/09; North Attleboro, MA 7/31/09—Agilent has sold two particle sizing system companies that it acquired last year. Particle Sizing Systems announced that in July Agilent sold the business back to its former owners (see IBO 7/15/08). Particle Sizing Systems supplies instrumentation for particle sizing, particle counting and zeta-potential monitoring. Collodial Dynamics also […]
Corning, NY 9/16/09; Bethesda, Maryland 9/16/09—Corning has acquired Axygen BioScience and its subsidiaries from private equity firm American Capital for $400 million in cash. Axygen is a manufacturer and distributor of life sciences plastic consumables and lab equipment, including pipettes, high-throughput screening products and centrifuges. It will join Corning’s Life Sciences segment. “We believe this […]
Company Announcements The Agilent Foundation announced in July a collaboration, including scientific and financial support, with the Ideker Laboratory at the University of California, San Diego to develop new leukemia identification methods. Sartorius AG named Reinhard Vogt, who is in charge of Marketing, Sales and Services, and Jörg Pfirrmann, who is in charge of Finance, […]
Company Announcements Anton Paar GmbH announced that it will not participate in Pittcon 2010, but will take part in Analytica next year and Pittcon in 2011. Teledyne Tekmar partnered with FernCreek Technologies in June for distribution in the Pacific Northwest region of the US. Halma Health and Analysis’s sales for fiscal 2009 ended March 31 […]
Agilent disclosed few additional details in its August 17 quarterly conference call about its agreement to acquire Varian for $1.5 billion (see IBO 7/31/09, 8/15/09). The $1.5 billion deal includes the purchase of outstanding common stock, cashing out of “in the money” stock options and assumed debt. Varian shareholders will vote on the merger agreement […]
Dublin, Ireland 9/3/09—Health care products company Covidien has ceased marketing for sale its Specialty Chemicals business, which includes Mallinckrodt Baker, a provider of laboratory chemicals and reagents. The company will reclassify the business as a continuing operation within its Pharmaceuticals segment.
Cambridge, MA 9/3/09—Next-generation sequencer developer Helicos BioSciences has engaged Thomas Weisel Partners to assist in its strategic evaluation and execution of strategic alternatives. The company is currently engaged in discussions with potential partners both inside and outside the genetic sequencing market regarding strategic alternatives, including equity financing and other funding sources, such as partnerships. (For […]
Holliston, MA 9/3/09—Harvard Bioscience has acquired substantially all of the assets of Denville Scientific and assumed certain of the company’s liabilities. The purchase price is expected to be $23–$24 million, depending on Denville’s 2009 financial results. Denville is a distributor of molecular biology products, with a focus on liquid handling items. In 2008, Denville had […]
Santa Clara, CA 9/8/09—Cell Biosciences has agreed to acquire Alpha Innotech for $1.50 per share (a 70.5% premium over the September 4 price), or $17.9 million in cash, and the assumption of $2.1 million in debt. Alpha Innotech provides digital imaging systems, including gel documentation systems. Based in San Leandro, California, the company reported 2008 […]
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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.
