Chelmsford, MA 2/5/07—Magellan Biosciences has sold Tek-Cel, a provider of laboratory sample management and storage solutions, to Hamilton, which sells laboratory robotics, chromatography and fluid subsystem products. Financial details were not disclosed. Hamilton is expected to keep TekCel’s headquarters in Hopkinton, Massachusetts and to grow Hamilton’s East Coast presence. Magellan President and CEO Dr. Robert […]
Cambridge, UK 1/29/07, Maynard, MA 1/29/07 and Columbus, OH 1/29/07—BioWisdom, a developer of software for business information analysis in the healthcare industry, and OmniViz, a company that specializes in software for data visualization, have announced that they will unite under the BioWisdom name. Gordon Baxter, CEO of BioWisdom, said that “this transaction is an important […]
Washington, DC 2/9/07—Thermo Fisher Scientific has filed a petition of approval with the US Federal Trade Commission (FTC) to sell its centrifugal vacuum evaporators assets to Riverlake Partners and MVC Capital. Thermo Fisher Scientific is required to divest the business within five months as a condition of the FTC’s approval of the merger of Thermo […]
New York, NY 2/13/07; Carlsbad, CA 2/13/07—Invitrogen has agreed to sell BioReliance to private equity firm Avista Capital for $210 million. BioReliance, a contract service organization providing biological safety testing, toxicology, viral manufacturing and laboratory animal diagnostic services, has annual revenues of $110 million and provides services to more than 600 clients per year. Tim […]
Grand Rapids, MI 2/8/07; Amersham, UK 2/8/07—Halma has acquired X-Rite’s Labsphere business for $13.9 million in cash and a deferred cash consideration of $1.5 million. Labsphere is a designer and manufacturer of light testing and measurement products, as well as specialized optical coatings. The company posted 2006 revenues of $12.5 million and an operating profit […]
Santa Clara, CA 2/1/07—Intevac has acquired the assets and certain liabilities of Raman spectroscopy company DeltaNu for an undisclosed amount. Intevac is a developer of low light imaging sensors, cameras and systems and a supplier of magnetic media supporting equipment. Based in Laramie, Wyoming, DeltaNu’s products include handheld and benchtop Raman spectroscopy instruments and Raman […]
Sunnyvale, CA 2/15/07—Cepheid, a provider of nucleic acid amplification equipment and reagents, has acquired Sangtec Molecular Diagnostics AB from ALTANA Pharma AG for $27 million in cash. Based in Broma, Sweden, Sangtec is a manufactuer of PCR-based molecular diagnostics products and had 2006 revenues of $8 million. Cepheid intends to integrate Sangtec’s affigene kits for […]
Foster City, CA 1/25/07—Tony White told investors on the Applied Biosystems’ quarterly conference call that he plans to continue as interim president of the company for the next one-to-two years. Mr. White took over the position three months ago following the resignation of Catherine Burzik (see IBO 10/31/06). “As of now, the Board of Directors […]
Brentford, UK 1/18/07—Whatman announced that CEO Bill Emhiser (see IBO 9/30/05) has been replaced with Kieran Murphy, former chief executive of pharmaceutical company Innovata. The change follows disappointing sales results for 2006. The company estimates 2006 revenues rose 5% to £114 million ($211.1 million), missing November estimates of 6%–7% growth, and are expected to result […]
Oakdale, MN 1/5/07—Dyneon, a subsidiary of 3M, has acquired 3M’s Bioanalytical Technologies business, including the Empore solid phase extraction product line, effective January 1. 3M Bioanalytical Technologies previously operated as a separate operating unit within 3M. Based in Oakdale, Minnesota, Dyneon is a suppler of fluoropolymers and has 800 employees.
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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.
