Billerica, MA 9/12/11—Bruker has signed a purchase agreement to acquire Center for Tribology (CETR) for an undisclosed amount. CETR offers nano-mechanical and tribological test instrumentation, serving both basic materials research and industrial manufacturing. Based in Campbell, California, the company is projected to have 2011 revenues of more than $10 million of EBITDA of greater than […]
Waltham, MA 9/8/11—PerkinElmer has agreed to acquire Caliper Life Sciences for $10.50 per share, a 42% premium over the closing price on September 7, for a total net purchase price of $600 million in cash. Caliper Life Sciences is a provider of microfluidic, molecular imaging and sample preparation technologies. “The acquisition of Caliper Life Sciences […]
Foodborne pathogen testing is one of the fastest-growing segments of the real-time PCR (qPCR) market. Participants in the market include both qPCR instrument and reagent providers, including Bio-Rad Laboratories, Life Technologies and Roche, as well as companies that specialize in products for food testing, such as BIOTECON, Congen and DuPont Qualicon. Earlier this year, both […]
In what continues to be a busy acquisition period, another set of publicly held analytical instrument companies is set to become one. On September 8, PerkinElmer announced an agreement to acquire Caliper Life Sciences for an estimated $600 million in cash (see page 2). The companies’ complementary product lines and end-markets are a logical combination, […]
Microscopy is one of the oldest lab techniques, originating in 17th century Europe. The earliest microscopes used only a single lens to focus light, but the technique evolved into more elaborate systems of lenses. Although improvements in design and optics allowed microscopes to achieve greater magnifications, there is a physical limit to the magnification that […]
Helsinki, Finland 8/19/11—Pipette maker Biohit announced that it has arranged a direct issue of new series B shares to Sartorius Lab Holding, corresponding to 4.98% of all Biohit shares. The issue was priced at €2.95 ($4.21 = €0.70 = $1) per share. Biohit stated the action strengthens its financial position and provides for collaboration opportunities […]
Uppsala, Sweden 8/29/11—Investment firm nxt2b has agreed to acquire a 49% ownership share in Olink for an undisclosed amount. Olink Bioscience’s Duolink products are used for the visualization and quantification of individual proteins and their interactions and modifications in unmodified cells and tissues. Founded in 2004, Olink has 25 employees. “Together with nxt2b, we have […]
Eden Prairie, MN 8/25/11—MTS Systems Chairman and CEO Laura B. Hamilton has stepped down by mutual agreement, effective August 25. Board member William V. Murray has been named interim CEO. He was most recently president of ReShape Medical and, prior to that, served as president of Applied Biosystems’ Molecular Biology Division. Board member David J. […]
Darmstadt, Germany 8/26/11—Merck KGaA has named Robert Yates president of its Merck Millipore division effective September 1. He will report to Bernd Reckmann, who is responsible for Merck’s Chemicals business sector, of which Merck Millipore is a division. Mr. Reckmann previously led Merck Millipore. He stated that the company appointed a dedicated president for Merck […]
Chalfont St. Giles, UK 8/16/11—GE Healthcare has entered into an agreement to acquire PAA Laboratories, a developer and supplier of cell culture media for biomedical research and biopharmaceutical and vaccine manufacturing. Financial details were not disclosed. Headquartered in Pasching, Austria, with 215 employees, PAA had 2010 revenues of $55 million. “GE Healthcare Life Sciences is […]
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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.
