Billerica, MA 8/16/10; Plainview, NY 8/16/10—Bruker has agreed to acquire Veeco Instruments’ Metrology business, consisting of its scanning probe microscopy (SPM) and optical industrial metrology (OIM) instruments, for $229 million in cash. In 2011, the business is forecast to contribute revenues of more than $130 million and adjusted operating margins of greater than 15%. Bruker […]
Rockville, MD 8/12/10—OriGene Technologies has acquired Blue Heron Biotechnology, a gene synthesis company. “We are 100% committed to serving our customers with high-quality, strict confidentiality standards and improved business efficiency,” commented OriGene Chairman and CEO Dr. Wei-Wu He. “This latest purchase is a further indication of OriGene’s determination to expand its gene-centric tools portfolio for […]
Waltham, MA 7/2/10; Tokyo, Japan 7/2/10—Olympus NDT has acquired Innov-X Systems, a manufacturer of portable X-ray fluorescence (XRF) systems, for an undisclosed amount. Innov-X has operated as a business division of Olympus NDT since July 1. Olympus has retained Innov-X’s current management and employee base. “The decision to acquire Innov-X Systems was based on the […]
Corning, NY 8/13/10—Corning has agreed to acquire Plaslab SAS, a manufacturer and distributor of plastic consumable labware in Europe, for an undisclosed amount. France-based Plaslab is the holding company of Plastiques Gosselin SAS. “One way we create balance is by building a healthy portfolio of businesses in different markets,” stated Corning President and COO Peter […]
West Chester, PA 8/5/10; Christchurch, New Zealand 8/5/10—VWR has agreed to acquire the scientific distribution businesses of EBOS Group for an undisclosed amount. The businesses distribute general laboratory supplies and life science products in Australia and New Zealand through Quantum Scientific, Crown Scientific and Global Science & Technology. The businesses’ annual revenue is approximately $40 […]
Waltham, MA 8/3/10—PerkinElmer has acquired VisEn Medical, an in vivo molecular-imaging technology company, for an undisclosed amount. VisEn’s Fluorescence Molecular Tomographic Imaging Systems and reagents provide quantitative molecular-imaging data for identifying and characterizing disease biomarkers and therapeutic efficacy in cells and animal models. “This acquisition broadens our product portfolio along the drug discovery pipeline, from […]
Singapore and Hong Kong 10/22/10—Techcomp has announced the sale of its 50% stake in Bibby Scientific (Hong Kong), a joint venture with Bibby Scientific (see IBO 6/30/08), for laboratory supplies, for $980,000 in cash. “While there is a lot of potential to be derived from the Bibby Scientific JV, we believe that by reallocating our […]
Brea, CA 7/22/10—On its conference call discussing second-quarter results, Beckman Coulter announced that it has reduced its outlook for 2010 Life Sciences revenues by $30–$40 million. The company stated it has revised its expectations for the business due to less-than-expected stimulus-related sales and reduced spending by pharmaceutical companies due to consolidation activities. The revised outlook […]
Ulm, Germany 7/28/10—WITec GmbH, a provider of optical and scanning probe microscopes, has announced the purchase of a majority stake in omt – optische messtechnik gmbh. Omt supplies optical metrology tools, such as reflectometers, spectral ellipsometers and spectrometers, specializing in industrial applications, including process control. “Our goal is the extension of our market-leading position in […]
Cincinnati, OH 7/20/10—Life science company Meridian Bioscience has acquired all the outstanding capital stock of the Bioline group of companies for $23.3 million in cash. Headquartered in the UK, Bioline is a manufacturer and distributor of molecular biology reagents, including nucleotides and DNA polymerase enzymes. Bioline’s 2010 revenues are estimated to exceed $12 million. “Bioline […]
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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.
