Carlsbad, CA 2/15/08—Invitrogen has acquired a minority equity share in Q Therapeutics, a company developing cell therapeutic indications for the central nervous system (CNS) by purifying, culturing and growing populations of differentiated CNS cells for injection into patients.
Chalfont, St. Giles and Maidstone, England 2/4/08—GE Healthcare has agreed to purchase Whatman for approximately $713 million, or 270 pence per share, in cash (see IBO 1/15/08), a 12% premium over the stock’s February 1 closing price. Whatman supplies laboratory filtration and other sample preparation products for life science and medical applications, including membranes, chromatography […]
Malvern, UK 1/17/08—Malvern Instruments, a Spectris company, has acquired Viscotek, a provider of chromatography and viscometry products for the characterization of natural and synthetic polymers and proteins. Founded in 1984 and headquartered in Houston, Texas, Viscotek offers systems for gel permeation chromatography, flow injection polymer analysis and dilute solution viscosity. “Viscotek has a long-established reputation […]
East Hills, NY 1/29/08—Pall announced that it has completed its inquiry of the understatement of US federal income tax payments and the provision for income taxes from 1999 through 2006 (see IBO 8/31/07). The company found intercompany balances were due primarily to the sales of products by Pall Netherlands to Medsep, resulting in dividend income […]
Santa Clara, CA 1/31/08—Agilent Technologies announced that it has filed suit against Advanced Materials Technology (AMT) in the Delaware Court of Chancery. The complaint contends that three former Agilent employees, now with AMT, breached their confidentiality agreement with Agilent, misappropriated trade secrets and breached fiduciary duties in developing AMT’s Halo HPLC columns.
Palm Springs, CA 1/27/08—Thermo Fisher Scientific has acquired nAscent Biosciences, a supplier of liquid handling consumables for drug discovery screening. NAscent’s PocketTip pipette tip features nanoliter metering and microliter diluting and can be used with a variety of liquid handling systems and handheld pipettors. According to Timo Hilden, vice president and general manager of Thermo […]
Sunnyvale, CA and Dublin, Ireland 1/27/08—Labcyte, the maker of the Echo low-volume liquid handling systems based on acoustic droplet ejection, and Deerac Fluidics, formerly known as Allegro Technologies, have announced a merger agreement in a stock-for-stock transaction. Deerac Fluidics provides low-volume liquid handlers for the 50 nL–20 µL range. Labcyte, which generated more than $10 […]
Four Companies Make Bid for Whatman London, UK 1/14/08 and 1/15/08—Filtration and life science consumables company Whatman has confirmed that it has received offers to acquire the company. The Financial Times reported on January 15 that Danaher, General Electric, Millipore and Parker Hannifin have approached the company and that the auction’s second round was held […]
San Diego and Santa Clara, CA 1/10/08—Affymetrix and Illumina have signed a settlement agreement, ending their four-year patent dispute. Under the agreement, Illumina will make a one-time payment of $90 million to Affymetrix without admitting liability. In exchange, Affymetrix has granted Illumina, its affiliates and its customers a perpetual covenant not to file suit for […]
Karlsruhe and Viersen, Germany 1/3/08—Bruker AXS GmbH has agreed to acquire JUWE Laborgeräte GmbH, a provider of combustion analysis systems for the analysis of carbon, hydrogen, nitrogen, oxygen and sulfur. In 2007, JUWE recorded revenues of approximately $3 million. The renamed Bruker JUWE GmbH will be relocated to Kalkar, Germany, where together with Bruker Quantron […]
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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.
