Tempe, AZ 5/1/07—GE Healthcare has sold its prearrayed Codelink microarray product line to Applied Microarrays, according to its website. Based at Arizona State University, Applied Microarrays also offers contract manufacturing of custom arrays. GE Healthcare continues to provide activated slides and related reagents for microarrays.
Basel, Switzerland 4/4/07; Gaithersburg, MD 4/4/07—Roche has signed a definitive agreement to acquire BioVeris for $21.50 per share in cash, or approximately $600 million. BioVeris offers reagents and instruments for diagnostic testing and research based on its electrochemiluminescence technology (ECL). Roche Diagnostics stated that the acquisition will allow it to expand its immunochemistry business from […]
Torrance, CA 4/11/07—Phenomenex, a developer and manufacturer of chromatography consumables, has acquired two of its exclusive distributors, Bologna, Italy-based Chemtek Analytica, a Labservice Analytica subsidiary, and Hilleroed, Denmark-based SupWare. Terms were not disclosed. According to Phenomenex, there will be no layoffs and it anticipates staff expansions for acquired companies in the second quarter. Based in […]
Columbia, MD 4/16/07—Shimadzu has named Takeshi Kawami president of Shimadzu Scientific Instruments, the company’s North American subsidiary. He replaces Osamu Ando, who served as president for seven years. Mr. Kawami is a 24-year veteran of the company and previously served as vice president of a sales subsidiary.
Chalfont St. Giles, England 4/16/07—GE Healthcare has acquired Wave Biotech, a supplier of disposable manufacturing technologies, including the Wave bioreactor, Wave Mixer and Sterile Tube Fuser. Financial details were not disclosed. Based in Somerset, New Jersey, with approximately 70 employees, Wave Biotech has annual revenues of $25 million and its equipment is used at over […]
Santa Clara, CA 3/16/07; 4/25/07—As part of its first quarter earnings announcement, Symyx Technologies stated that due to market changes it is lowering its 2007 guidance and changing its business model. The company lowered its guidance for 2007 revenues from $133–$140 million, made in February, to $110–$120 million, and its guidance for net income from […]
Santa Clara, CA 4/6/07; La Jolla, CA 4/6/07—Agilent Technologies has signed a definitive agreement to purchase Stratagene for $10.94 per share of common stock, a 28% premium over Stratagene’s April 5 closing prices, or approximately $246.2 million in cash. Stratagene’s products include reagents and instruments for life science research and clinical diagnostics. “We see Stratagene’s […]
Washington, DC 3/30/07; Waltham, MA 4/3/07; Portland, OR 4/4/07—The US Federal Trade Commission has approved Thermo Fisher Scientific’s sale of its Genevac business to Riverlake Equity Partners (see IBO 2/15/07). Genevac will merge with SP Industries, another Riverlake company, and SP Industries CEO Charles L. Grant will lead Genevac operations. Terms were not disclosed.
Waltham, MA 4/2/07—PerkinElmer has purchased Improvision, a UK-based provider of cellular imaging software and integrated hardware solutions, including the Volocity 3D and 4D imaging software. Improvision generated 2006 revenues of approximately £6 million ($11.1 million). “This acquisition strengthens our leading capability in the fast-growing field of advanced cellular sciences,” commented PerkinElmer Chairman and CEO Gregory […]
Santa Clara, CA 3/30/07—Agilent Technologies has created a Materials Sciences Solutions Unit within its Life Science and Chemical Analysis (LSCA) business. The new unit will focus on the development of the company’s microscopy and optical spectroscopy businesses. Agilent’s Nanotechnology Measurement Division, which provides atomic force microscopes (see IBO 11/30/05), will become part of the new […]
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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.
