Mannedorf, Switzerland 10/28/15—Lab instrument company Tecan has agreed to acquire Swiss firm SIAS, an OEM supplier of lab automation solutions with 80 employees. The transaction is valued at one times SIAS’s expected fiscal 2015 sales of CHF 25 million ($26 million = CHF 0.98 = $1). SIAS will join Tecan’s Partnering Business. “SIAS will add […]
Irvine, CA 10/26/15—The Orange County Business Journal reported that MP Biomedicals has been sold to Chinese chemical firm Valiant, a supplier of liquid crystal materials, pharmaceutical intermediates and photoelectronic chemicals, for around $134 million. MP Biomedicals is a provider of life science and diagnostic lab products, including life science consumables and lab chemicals. MP Chemicals […]
Santa Clara, CA and Austin, TX 10/15/15—Affymetrix’s eBioscience business unit has announced a distribution agreement for Luminex’s MAGPIX, Luminex 200 and FLEXMAP 3D platforms in the US, Canada, Mexico, Brazil, China, the Netherlands, Germany, France, the UK, Switzerland, Austria, Belgium, Ireland, Luxembourg and Poland. EBioscience’s ProcartaPlex multiplex immunoassays and QuantiGene Plex multiplexed quantitative gene expression […]
Radnor, PA 10/7/15—Lab product, service and solutions provider VWR has acquired Purification Technologies (PTI) for an undisclosed amount. PTI is a specialty solvent company focused on high-volume purification of selected high-purity solvents. “Our customers in the chromatography, biochemical and agrochemical industries will benefit through VWR’s ability to supply high-purity acetonitrile and other solvents in both […]
Billerica, MA 10/6/15; Washington, DC 10/6/15—Bruker has agreed to acquire Israeli firm Jordan Valley Semiconductors, a provider of in-line X-ray metrology products for nanotechnology research and semiconductor production. The purchase price is a maximum of $53 million, including $30 million in cash, according to a SEC filing by Elron Electronic Industries, which holds a 19% […]
Darmstadt, Germany 10/13/15; Darmstadt, Germany 10/14/15—Merck KGaA, which owns Merck Millipore, has named Stefan Oschmann as CEO and chairman of the Executive Board. He succeeds Karl-Ludwig Kley, who has been CEO since 2007. Since January, Mr. Oschmann has served as deputy chairman of the Executive Board and deputy CEO, responsible for strategy and innovation. “We’re […]
San Diego, CA 10/5/15—Illumina has announced third quarter sales of $550 million, 3% lower than expected, due to softer demand for desktop sequencers, and weaker sales in Europe and Asia Pacific. As a result, the company revised its full-year sales guidance downward from 20% growth to 18% growth, or a 21% increase in constant currency. […]
Tucson, AZ 9/18/15—Protein Technologies (PTI) has reached an agreement with Peptide Solutions (PSL) in its suit against the company alleging breach of contract, breach of fiduciary duty, misappropriation of trade secrets and proprietary information, and tortious interference (see IBO 1/31/15). PTI has withdrawn the case, and PSL has dropped its counterclaims.
Mannheim, Germany 9/15/15; Cambridgeshire, UK 9/7/15—IVD firm ERBA Diagnostics Mannheim has acquired Lumora, a provider of diagnostic technology for clinical and industrial markets, for an undisclosed amount. “The acquisition of Lumora enhances our existing portfolio of instruments, test kits and reagents for clinical chemistry, microbiology, hematology, diabetes, immunology, urine chemistry, critical care and homeostasis testing,” […]
Omaha, NE 9/30/15 — Transgenomic has announced the signing of a term sheet to sell its Genetic Assays & Platforms Business Unit (GAP) to ADTEC, a Japanese supplier of instruments and reagents to the biotechnology industry. Transgenomic will receive $300,000 for existing GAP stock and inventory. The divestment is expected to reduce Transgenomic’s expenses by […]
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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.

