Santa Clara, CA 5/1/14; Washington, DC 5/1/14—ProteinSimple, a provider of systems and consumables for protein analysis, has announced the filing of a registration statement with the SEC for an IPO. The company’s common stock will be listed on the NASDAQ Global Stock Market under the symbol “PRTN.” The number of shares to be offered and […]
New York, NY 4/23/14; New York, NY 4/24/24—Enzo Biochem has announced a settlement agreement with Affymetrix in two separate 2003 cases brought by the companies against each other. Under the settlement agreement, Affymetrix will pay Enzo $5.21 million. Enzo sued Affymetrix, alleging breach of a 1998 agreement (that was terminated in 2003) under which the […]
Spokane, WA 4/30/14—The Spokesman-Review has reported that PerkinElmer will close its Signature Genomics business later this year. Signature provides microarray-based prenatal and other genetics testing services. PerkinElmer told the Spokesman-Review, “Changing market conditions, including a highly unfavorable reimbursement environment, combined with a significant decline in demand for invasive procedures due to the uptake of non-invasive […]
Loveland, CO 4/2/14—Hach, a Danaher company and provider of analytical instruments and reagents for water quality analysis, has acquired BioTector Analytical Systems for an undisclosed amount. Based in Ireland, BioTector designs and manufactures online liquid analyzers, including systems for online TOC analysis. BioTector has more than 1,500 installations. Hach has distributed BioTector products since 2010.
Beijing, China 4/29/14—Global alternative-asset manager the Carlyle Group has agreed to acquire a 30% stake in Haier Bio-Medical and Laboratory (HBML) for CNY 405 million ($65 million = CNY 6.23 = $1) through its Carlyle Beijing Partners Fund. A subsidiary of Haier, HBML develops and manufactures biomedical and lab equipment for the Chinese and global […]
Washington, DC 4/16/14—Danaher has named Executive Vice President Thomas P. Joyce, Jr. to succeed H. Lawrence Culp, Jr. as president and CEO. Mr. Culp will retire on March 1, 2015. Mr. Joyce is currently responsible for Danaher’s Water Quality, Life Sciences and Diagnostics platforms, which have combined annual revenues of over $9 billion. “During Larry’s […]
Indianapolis, IN 4/22/14—Beckman Coulter Life Sciences has agreed to acquire Xitogen Technologies, a China-based flow cytometer company, together with Cytojene, for an undisclosed amount. Xitogen offers the XTG-1600 compact flow cytometer designed for basic research applications for the detection of objects in the 100 nm range. Beckman stated that Xitogen’s facilities in Suzhou and Dalian […]
Thousand Oaks, CA 3/31/14—Teledyne Instruments, a subsidiary of Teledyne Technologies, has acquired Photon Machines (PMI) for an undisclosed amount. PMI designs and manufactures laser-based sample-introduction equipment for laboratory instruments, including laser-ablation systems. “The acquisition of Photon Machines naturally complements our acquisition of Teledyne CETAC in August 2013 [see IBO 8/31/13],” said Teledyne Chairman, President and […]
Paris, France 4/1/14; Paris, France 4/7/14—Molecular diagnostics firm Genomic Vision has completed its IPO, listing its shares on the Euronext Paris stock exchange (see IBO 3/31/14). The company’s shares began trading on April 7 at a price of €15.00 ($20.55 = €0.73= $1) per share, the middle of the expected pricing range. The offering raised […]
Berwyn, PA and Middlefield, CT 4/11/14—AMETEK, a global manufacturer of electronic instruments and electromechanical devices, has agreed to acquire publicly held Zygo, a provider of optical metrology solutions, high-precision optics and optical assemblies. AMETEK will acquire Zygo’s outstanding common stock at price of $19.25 per share, a 31% premium over Zygo’s closing price on April […]
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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.
