Berwyn, PA 2/5/16—AMETEK, a manufacturer of electronic instruments and electromechanical devices, has acquired Brookfield Engineering for $167 million. Brookfield manufactures and sells viscometers and rheometers, and instrumentation for texture and powder-flow analysis. The company has annual sales of around $55 million. “Its products and technologies complement our existing laboratory instrumentation businesses and provide us with […]
Santa Clara, CA 2/3/16; San Francisco, CA 2/4/16—Agilent Technologies has filed suit against Twist Bioscience, its CEO Emily Leproust, PhD, and 20 unnamed defendants. Filed in California Superior Court in Santa Clara County, the complaint alleges breach of contract, breach of the duty of loyalty and misappropriation of trade secrets. According to the complaint, Dr. […]
New York, NY 2/2/16—Citing unnamed sources, Reuters reports that Roche is in discussions with sequencer firm Pacific Biosciences regarding a possible acquisition. Pacific Biosciences developed sequencing technology for Roche to sell and for which Roche will create and supply reagents. The system is expected to be commercialized in the second half of 2016. According to […]
Rochester, NY 1/19/16—Transcat, a provider of calibration and compliance services and handheld-instrument distributor, has acquired Dispersion Laboratory for an undisclosed amount. Based in Canada, Dispersion Laboratory provides services for the calibration, repair and product sales of weights, balances, temperature instruments and liquid handling devices. “We are also gaining the only laboratory in Canada offering automated […]
Paris, France and Cambridge, UK 1/18/16—Publicly held Novacyt, a provider of cancer and infectious disease diagnostics, has agreed to acquire Primer Design for £9.85 million ($14.1 million = £0.70 = $1) in cash and stock in addition to £2.5 million ($3.6 million) based on sales targets. UK-based Primer Design offers real-time PCR kits, reagents and […]
Castle Rock, CO 1/26/16—Strand Life Sciences (Strand LS), a genomics and bioinformatics firm, has announced a merger with Venaxis, a publicly held IVD company. To comply with Indian tax and financial regulations, the merger is being structured through a series of purchases. Venaxis shareholders will purchase Strand LS shares, with proceeds to be reinvested in […]
Tucson, AZ 1/16/16—The Arizona Sun’s tucson.com website has reported that Mettler-Toledo purchased Instant BioScan last year for around $30 million, including future milestones. BioScan joins Mettler’s Thornton division. BioScan develops and sells the Real-Time Microbial Monitoring Systems for detection of microorganisms in water. The company has 15 employees. According to the article, Mettler will initially […]
Austin, TX 11/23/15; London, UK 11/24/15—Oxford Instruments has sold its Austin division, a supplier of cryo pumps, cold heads and compressor services, to Trillium, US, a supplier of vacuum pump–repair services, and new and refurbished systems. The purchase price was $1.3 million in cash. For the six months ending September 30, Austin’s revenues totaled £1.7 […]
South Plainfield, NJ 12/21/15—Genomics services company GENEWIZ has acquired Beckman Coulter’s genomics services business for an undisclosed amount. Based in Danvers, Massachusetts, the Beckman Coulter business provides NGS and Sanger sequencing services for healthcare, academic and government customers. “The genomic services business of Beckman Coulter is an ideal fit with GENEWIZ’s global strategy and expansion […]
Washington, DC 12/3/15; New York, NY 12/16/15—Danaher has announced that it plans to complete the spin off of its industrial businesses (see IBO 5/15/15) in the third quarter of 2016. The new company will be named Fortive and would have had $6.3 billion in revenues for 2014. At its annual investor and analyst meeting, Danaher […]
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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.
