Waltham, MA 2/13/17; Waltham, MA 2/14/17—Thermo Fisher Scientific has acquired bioprocess-management technology firm Finesse Solutions. Financial details were not disclosed. Finesse Solutions generated 2016 revenues of $50 million, and provides sensors, controllers and software. “Finesse Solutions has developed a universal control system that will combine seamlessly with our existing single-use technologies to strengthen our position in the high-growth bioproduction market,” stated Thermo Fisher President and CEO Marc N. Casper. Finesse Solutions will join Thermo Fisher’s Life Sciences Solutions Segment.

Thermo Fisher and Finesse Solutions have been partners since 2013 under a supply agreement covering their respective bioreactors, and sensors and control systems. The acquisition adds proprietary bioprocess software and sensors to Thermo Fisher’s Bioproduction business. Endress+Hauser was among Finesse Solutions’ largest investors.