Milford, MA 7/24/08—Waters has acquired the net assets of VTI for an undisclosed price. VTI is a manufacturer of sorption analysis and thermogravimetic analysis instruments, including sorption analysis products designed for water and organic vapor sorption studies of pharmaceuticals and related materials. VTI and its founder, Dr. Augie Venero, will join Waters’ TA Instruments Divison. […]
Austin, TX 7/7/08—Xenemetrix announced that on June 15 it acquired Jordan Valley’s Analytical Instrument Division, which suppliers energy dispersive–X-ray fluorescence spectroscopy instruments (ED-XRF). Xenemetrix was formed by a private management group, led by CEO Doron Reinis, a founding partner of Business Processes, a consulting, production engineering and industrial engineering services firm. “As Jordan Valley Semiconductors […]
Waltham, MA 7/7/08—Thermo Fisher Scientific has acquired Affinity BioReagents, a provider of more than 35,000 reagents for life science research, including antibodies, peptides and proteins, with 2007 revenues of $6 million. Financial details were not provided. “This acquisition enhances our extensive antibody portfolio, which will drive growth as we combine these reagents with our current […]
Foster City, CA 7/1/08—Applera completed the spin off of Celera on June 1 (see IBO 2/29/08) and changed its name to Applied Biosystems.
Midland, MI 7/10/08; Philadelphia, PA 7/10/08—Specialty chemicals firm Rohm and Haas has agreed to be acquired by Dow for $78 per share in cash, a 48% premium to the stock’s 60-day average closing price, in a deal valued at $15.3 billion. Both Rohm and Haas and Dow are suppliers of resins for ion exchange chromatography. […]
Venlo, The Netherlands 7/1/08—QIAGEN NV has purchased Corbett Life Science for $66 million in cash, $4 million in restricted common stock, and milestone payments and other contingencies worth up to $65 million over four years. The purchase includes 82.5% of outstanding stock and the exercise of an exclusive purchase option for the remaining 17.5%. Headquartered […]
Waltham, MA 7/1/08—Thermo Fisher Scientific has acquired Open Biosystems, which provides RNAi, gene expression and protein detection products. Open Biosystems specializes in short-hairpin RNA (shRNA) and viral vector systems for delivering shRNA into living cells. The company had 2007 revenues of $14 million. Marijn E. Dekkers, president and CEO of Thermo Fisher Scientific, stated, “The […]
Oakland, California 6/30/08—Corbett Life Science has filed a claim in the US District Court for the Northern District of California seeking declaratory judgment of noninfringement, invalidity and/or unefforceability of Applied Biosystems’ US Patent No. 6,814,954 (Instrument for Monitoring Nucleic Acid Amplification). In the claim, Corbett stated that the filing is in response to a letter […]
First-quarter revenues for the IBO Lab Equipment/Consumables Index grew 10.5% to $887.72 million. Operating profits improved 14.8% to $265.8 million, and operating margin climbed 110 basis points to 29.9% of sales. Favorable currency transactions continued to increase revenue growth for a majority of companies in the Index. However, despite positive results from businesses, such as […]
Santa Clara, CA 7/8/08—Agilent Technologies has acquired Particle Sizing Systems for an undisclosed amount. Particle Sizing Systems designs and manufactures instruments based on laser light scattering for the measurement of particle size and stability in materials. “With the growth of products based on nanomaterials—from medicines to diesel fuel catalysts—understanding the size of these particles 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.
