Santa Clara, CA 12/17/13—Agilent Technologies has named Fred Strohmeier senior vice president, Agilent, and president of the Life Sciences and Diagnostics Group (LDG). He replaces Lars Holmkvist who left the company for personal reasons. Most recently, Mr. Strohmeier served as vice president and general manager of Life Science Products and Solutions. “He is a highly […]
Bonaduz, Switzerland 12/9/13—Hamilton has announced the acquisition of the Biotech sensors business of Fogale Nanotech for an undisclosed amount. The Biotech business provides biomass sensors that use the dielectric properties of living cells. The sensors are used for online monitoring for bioprocess optimization and control. “Fogale’s biomass sensors are the ideal addition to our product […]
Holliston, MA 12/4/13—Scientific instrument and apparatus company Harvard Bioscience will trim its workforce by 13% as part of a realignment of global operations. The reductions will eliminate certain operational redundancies and create a leaner, more nimble organization, according to the company. Beginning in 2014, the company expects to record annual savings of around $2 million […]
San Diego, CA 12/9/13—Accelrys, a provider of scientific innovation lifecycle management (SILM) solutions, has acquired QUMAS for $50 million in cash. QUMAS is a supplier of compliance software supporting regulatory and quality operations in life sciences and other highly regulated industries. QUMAS offers an electronic document management application with related R&D submission and quality analysis […]
Toulouse, France 12/10/13—Alpha MOS has confirmed to IBO that the company has filed for Chapter 11 protection in France. Describing the company’s plans following a court hearing, Alpha MOS President Jean Christophe Mifsud told IBO, “We have six months probation during which we are going to continue our focus on food safety and food quality, […]
Reinach, Switzerland 12/3/13—Industrial measurement and automation equipment company Endress+Hauser has completed its cash offer of €13.75 ($18.75 = €0.74 = $1) per share to the shareholders of scientific instrument firm Analytik Jena (see IBO 9/30/13, 11/15/13), gaining an additional 1% stake in the company. Endress+Hauser now controls 76% of voting rights. “This position allows us […]
London, UK 11/27/13; London, UK 12/2/13; London, UK 12/9/13; London, UK 12/10/13—Andor Technology, a provider of scientific digital cameras, has agreed to high technology tools and systems company Oxford Instrument’s takeover offer of 525 pence ($8.33 = £0.63 = $) per share, or approximately £176 million ($279 million) (see IBO 11/15/13). On December 6, Oxford […]
Paris and Codolet, France 11/18/13; Louvain-la-Neuve, Belgium 11/18/13—Drug discovery and IVD assay developer and service provider Cisbio Bioassays has been sold by Ion Beam Applications to private equity firm Argos Soditic and management for €16.3 million ($22.0 million = €0.74 = $1). Based in Codolet, France, with annual revenues of €35 million ($47 million), Cisbio […]
Conshohocken, PA 11/22/13; London, UK 11/22/13—Instem, a publicly held supplier of IT solutions to the early development health care market, has acquired Perceptive Instruments for £1.0 million ($1.6 million = £0.62 = $1). Perceptive develops, manufactures and supplies image analysis and data processing solutions primarily focused on toxicology, microbiology and immunology. The UK-based firm had […]
Graz, Austria 11/18/13—High precision instrument firm Anton Paar has acquired CSM Instruments for an undisclosed amount. Based in Switzerland, CSM develops, produces and markets laboratory instruments for the characterization of mechanical properties on material surfaces at the micro- and nano-scales. The company generated sales of €12 million ($15 million = €0.78 = $1) in 2012 […]
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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.
