Salt Lake City, Utah 12/8/08—Brigham Young University (BYU) and MS company Torion Technologies have filed suit against Hitachi High-Technologies America in the US District Court for the District of Utah, alleging infringement of US Patent No. 7,060,987, entitled “Electron Ionization Source for Orthogonal Acceleration Time-of-flight Mass Spectrometry.” BYU granted Torion an exclusive license to the […]
Milford, MA 12/5/08—Waters has purchased the net assets of Analytical Products Group (APG), a proficiency testing and quality-assurance services company, for an undisclosed amount. Waters will merge APG with its Environmental Resource Associates operations. APG has annual revenues of approximately $4 million. The acquisition is expected to be neutral to Waters’s 2009 earnings.
Cambridge, UK 10/20/08; London, England 11/24/08—Scientific Digital Imaging has announced that it plans to list on the London Stock Market’s Alternative Investment Market (AIM) on December 8. The company’s primary business is Synoptics, a provider of imaging instruments for life science research. It recently acquired Artemis, a UK-based supplier of cooled CCD cameras, and Persu, […]
Carlsbad, CA and Norwalk, CT 11/20/08; Carlsbad, CA 11/21/08; Carlsbad, CA 11/26/08—Invitrogen completed its acquisition of Applied Biosystems (ABI) on November 21 (see IBO 6/15/08) and began trading as Life Technologies Corporation on the NASDAQ Global Select Market on November 24 under the ticker symbol “LIFE” (see IBO 11/15/08). “By combining these two highly respected […]
Goettingen, Germany 10/31/08—Sartorius Stedim Biotech GmbH has acquired Wave Biotech AG, a developer of single-use bioreactors for bipharmaceutical manufacturing, for an undisclosed amount. The two companies have worked together since 2006 and Sartorius Stedim Biotech exclusively markets Wave Biotech’s products, Wave Biotech’s products are expected to contribute €10 million ($13 million) in revenues this year […]
Pfäffikon, Switzerland 11/26/08; Amersham, England 11/27/08—OC Oerlikon has sold its Oerlikon Optics USA business unit to Ocean Optics, an affiliate of Halma, for $6 million in cash. Based in Golden, Colorado, Oerlikon Optics USA is a supplier of custom optical components and subassemblies and has annual sales of more than CHF 10 million ($8.4 million). […]
Albuquerque, NM 11/7/08—The New Mexico Business Weekly reported on November 7 that Invitrogen has acquired Acoustic Cytometry Systems. Located in Los Alamos, New Mexico, and founded in 2006, Acoustic Cytometry Systems is developing flow cytometers based on acoustic-focusing technology licensed from Los Alamos National Laboratory (LANL) and associated reagents. According to a business presentation by […]
Hartford, CT 11/12/08; New York, NY 11/12/08; Baltimore, MD 11/14/08—A class action law suit has been brought against Waters by shareholders who purchased the company’s stock between January 24, 2007 and January 22, 2008. The suit alleges that Waters violated securities law by failing to disclose a slowdown in Japanese sales due to government regulations; […]
Carlsbad, CA 11/4/08; Carlsbad, CA and Norwalk, CT 11/11/08—Invitrogen and Applied Biosystems’ merger has received clearance from the European Commission (see IBO 6/15/08). As a result, the companies are expected to complete the transaction on November 21. Invitrogen has also announced that the company will be renamed Life Technologies. Instruments and systems will continue to […]
Waltham, MA 11/11/08—Thermo Fisher Scientific has acquired Raymond A. Lamb, a manufacturer of histology and anatomical pathology products. Raymond A. Lamb’s products include systems that automate the labeling and tracking of slides and cassettes. The company had 2007 revenues of $9 million and is a supplier to Thermo Fisher. “Our anatomical pathology customers—in both clinical […]
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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.
