RSBG SE, an investment company of the RAG Foundation based in Essen and founded in 2014, has acquired the Berlin-based SPECS Surface Nano Analysis GmbH RSBG SE sees itself as a long-term partner of medium-sized companies. Accordingly, the company uses a buy-and-build strategy to invest in successful companies from the SME sector. RSBG SE […]
SAN DIEGO — Illumina, Inc. (NASDAQ: ILMN), today announced that it disagrees with, and will oppose, the U.S. Federal Trade Commission (FTC)’s challenge to its previously announced acquisition of GRAIL, a pre-commercial company founded to accelerate early screening of cancer. Illumina will pursue its right to proceed with the transaction, the impact of which would […]
Full Spectrum Group Broadens Capabilities Through Strategic Acquisition of Cascade Thermal Solutions
Full Spectrum Group, LLC (“FSG”) has strategically acquired Cascade Thermal Solutions, Inc. (“Cascade”), a premier provider of parts and repair services for scientific refrigeration, incubation, sterilization, and other thermal laboratory equipment. Headquartered in El Cajon, California, Cascade has been serving customers in the biotech, pharmaceutical, technology, chemical, government, research, education, and industrial sectors for over […]
Transaction combines SomaLogic’s comprehensive proteomics technology platform with CM Life Sciences II, a leading life science-focused SPAC, led by affiliates of institutional investors Casdin Capital and Corvex Management. Combination is expected to provide up to $651 million in cash proceeds for SomaLogic, expanding the cash on its balance sheet to $686 million to catalyze organic […]
COLUMBUS, Ohio — Mettler-Toledo International Inc. (NYSE: MTD) today announced that it completed the acquisition of PendoTECH, a manufacturer and distributor of single-use sensors, transmitters, control systems and software for measuring, monitoring and data collection primarily in bioprocess applications. PendoTECH’s focus is serving bio-pharmaceutical manufacturers and life science laboratories. The company is based in Princeton, New Jersey, with a […]
Unique expertise with a combined portfolio offering elevates BioLife Solutions to be the provider of choice for cell and gene therapies, scientific research, upstream pharmaceutical manufacturing, and biologic sample storage. Athens, Ohio — Stirling Ultracold, a privately-held innovative developer and manufacturer of ultra-low temperature (ULT) freezers, today announced it has signed a definitive agreement to merge into BioLife […]
BOTHELL, Wash. — BioLife Solutions, Inc. (NASDAQ: BLFS) (“BioLife” or the “Company”), a leading developer and supplier of a portfolio of class-defining bioproduction products and services for cell and gene therapies, today announced the signing of a definitive merger agreement to acquire Global Cooling, Inc., operating as Stirling Ultracold (“Stirling”), a privately held manufacturer of ultra-low temperature (“ULT”) […]
Combined company will generate well over $100 million of ARR and signals a significant transformation in the future of software and data management in research labs Enabling over one million scientists to improve research and lab efficiency Facilitating rapid data access and exchange between scientists around the world, ultimately giving customers a competitive edge Bishop’s Stortford, UK […]
Teledyne Technologies Incorporated (NYSE:TDY) announced today that it has completed all permanent financing for the pending acquisition of FLIR Systems, Inc. (NASDAQ:FLIR). Given the permanent financing, together with certain continuing debt, Teledyne expects its weighted average borrowing cost to be less than two percent upon closing the acquisition. Today Teledyne closed an offering of $3.0 […]
Acuity Technology Enables the Possibility to See the 3D Genome in situ and at Single-Cell and Sub-Cellular Resolution SAN JOSE, Calif. & BOSTON — Acuity Spatial Genomics, Inc. today announced the completion of a majority investment by Bruker Corporation (Nasdaq: BRKR). Acuity is a new venture focused on opening a new frontier in spatial 3D genomics and […]
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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.
