Fremont, CA and Mountain View, CA 5/13/16—Takara Bio USA (TBUSA), a provider of life science reagents and kits, has announced an agreement to acquire single-cell analysis instrument firm WaferGen Bio-systems. TBUSA will pay up to $50.0 million based on a 1.0–3.5 multiple of WaferGen’s 2016 revenues. “The combination of TBUSA’s RNA-seq and T Cell Receptor […]
Berwyn, PA 5/4/16; Berwyn, PA 5/4/16—AMETEK announced that CEO Frank S. Hermance has transitioned to executive chairman and David A. Zapico has been elected CEO and to the Board, effective May 5. Most recently, Mr. Zapico served as executive vice president and COO. “I expect the transition of Dave to CEO to be seamless, as […]
London, UK 4/21/16; Paris, France 4/21/16—Global technology firm Smiths has agreed to acquire Morpho Detection, a provider of explosives detection systems (EDSs), for a total of $723.7 million in cash, but includes net cash of $13.7 million, from Safran, a high-technology company. Smiths’ Detection division provides products for the detection of explosives, chemical and radioactive […]
Newark, CA and Lebanon, NH 4/26/16—DNA2.0, a supplier of bioengineering solutions, has signed a definitive asset purchase agreement to acquire substantially all the assets of MIGS. MIGS is a CRO organization that specializes in antibody and antibody-like molecular humanization and production for preclinical studies using micrograms to grams of protein. Financial details were not disclosed. […]
Sunnyvale, CA 4/18/16; Sunnyvale, CA 4/21/16—Publicly held Japanese materials and polymer firm JSR has established a new business unit, JSR Life Sciences, which includes its large-scale purification and chromatography, exosome, magnetic and latex bead, biopolymer, surface chemistry and microfluidic products for life science and diagnostic markets. Eric R. Johnson was named head of the unit. […]
Abingdon, UK 4/12/16—Oxford Instruments, a supplier of high-technology systems, has appointed COO Ian Barkshire, PhD, as its new chief executive, effective May 11. He replaces Jonathan Flint, who will remain on the Board until July 2016. “Ian has a track record of almost two decades of leading and building businesses within Oxford Instruments with distinction, […]
Waltham, MA 4/25/16; Luxembourg 4/25/16—PerkinElmer announced that it has sold its US prenatal screening lab services business, PerkinElmer Labs/NTD, to testing firm Eurofins Scientific for an undisclosed amount. Based in Melville, New York, with 80 employees, PerkinElmer Labs/NTD generated 2015 revenues of $20 million. ”Recent changes to US health care reform continue to drive the […]
San Diego, CA 4/18/16—Illumina has announced that its first quarter sales were below forecast due to lower-than-anticipated sales of the HiSeq 2500, 3000 and 4000 systems. First quarter sales grew 6%, 7% in constant currency, to $572 million. Consequently, the company now expects revenue to grow 12% in 2016. “Despite this slow start in Q1, […]
Melbourne, Australia 4/5/16—Trajan Scientific and Medical, a provider of products for biological, environmental and food-related measurements, has purchased automation provider LEAP Technologies for an undisclosed amount. LEAP Technologies provides solutions for automation of GC, LC and MS systems. “Trajan has a technology-rich development pipeline of disruptive sampling and sample preparation products speeding towards commercialization, and […]
San Francisco, CA and Tel Aviv, Israel 4/6/16—DNA synthesis firm Twist Bioscience has acquired Genome Compiler, a provider of software for genetic engineers, and molecular and synthetic biologists. Financial details were not provided. “They are the leader in developing software that allows design of gene sequences for synthetic and molecular biology experiments,” stated Twist Bioscience […]
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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.
