Minneapolis, MN 4/23/13; San Jose, CA 4/23/13—Honeywell has signed a definitive agreement to acquire RAE Systems, a manufacturer of fixed and portable gas and radiation detection systems and software, for $340 million. Based in San Jose, California, with 750 employees, RAE had 2012 sales of $107 million. Honeywell stated that the purchase price is approximately […]
Cary, NC 5/2/13—ABB has announced an agreement to acquire Los Gatos Research (LGR), a supplier of gas analyzers for research and environmental monitoring based in Mountain View, California. LGR’s offerings consist of analyzers for real-time trace-gas and isotope measurement utilizing Off-Axis Integrated Cavity Output Spectroscopy. LGR’s 2013 sales are projected to be $14 million. “LGR […]
Investors may find solace in the correlation between compensation awards and financial performance at the 37 firms in IBO’s Stock Indexes. In fiscal 2012 (FY12), total compensation packages declined for 28 of the 44 presidents, CEOs or heads of dedicated business units at these companies who have held their respective roles for more than one […]
Instrument and lab product company executives appear more optimistic about sales prospects now than they did in fall 2012, according to the latest results of the IBO Business Climate Survey. This is despite the US budget sequestration and recent downgrade in expectations for world GDP growth by the International Monetary Fund (IMF). In April, the […]
Sustained quantitative easing measures in the US, Japan and China, along with better-than-expected earnings reports and jobless claims toward the end of April, helped elevate the Dow Jones Industrial Average and S&P 500 to new highs this month. However, equity markets came under pressure earlier in the month due to slower manufacturing and durable goods […]
Rapid DNA analysis is a new technology designed to identify DNA samples in 90 minutes or less. The traditional method of performing DNA analysis involves several different platforms: sample preparation by extraction; amplification by PCR; separation, oftentimes by capillary electrophoresis (CE); and DNA identification by UV absorbance or fluorescence. This process generally takes over 10 […]
In March, NanoSight began shipping its NS300 nanoparticle characterization system, a smaller and less costly alternative to its NS500. The systems utilize nanoparticle tracking analysis technology based on automated digital microscopy to provide the size distribution and concentration of nanoparticles from 10 nm to 2000 nm in size in liquids. At 23 x 39 cm […]
Company Announcements Trinean entered into a license agreement in February with PerkinElmer for certain microfluidic technologies in the field of UV-Vis quantification analysis. In February, CyVek secured a $5.5 million in financing in a Series D round. IntegenX named Scientific Analytical Tools Trading an exclusive distributor for the Middle East. Sphere Fluidics closed a $2.5 […]
Company Announcements SISCAPA Assay Technologies appointed Ian Wright, former head of the Strategic Innovation group at Siemens Healthcare Diagnostics, and Gustavo “Gus” Salem, former vice president and general manager of LC/MS at Agilent, to its Board in January. Thermo Fisher Scientific and the National University of Singapore’s Environmental Research Institute formed a collaboration to study […]
Company Announcements Sigma-Aldrich’s BioReliance business named Archie Cullen, former vice president of Sigma-Aldrich SAFC, president in March. BioReliance agreed to acquire the colonies required for the Big Blue transgenic rodent mutation assay, the first in vivo genetic toxicology mutation assays to be approved by the Organization for Economic Co-operation and Development, and obtain a license […]
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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.
