Reinach, Switzerland 9/27/13—Endress+Hauser, a supplier of industrial measurement and automation equipment, has announced that, following its purchase of 47% of the shares of publicly held German analytical instrument firm Analytik Jena, it is preparing an offer to shareholders to acquire the remaining shares. The company plans to offer €13.75 ($18.57 = €0.74 = $1) per […]
Santa Clara, CA 9/19/13; Santa Clara, 9/19/13—Agilent Technologies has announced plans to spin off its Electronic Measurement division as a separately traded public company. The remaining business, consisting of the company’s Life Sciences, Chemical Analysis and Diagnostics segments, will retain the Agilent name and continue under President and CEO William Sullivan. Those businesses are estimated […]
San Diego, CA 9/3/13—Lab informatics firm Accelrys has acquired ChemSW, a provider of compliance solutions for environmental health and safety, including automated chemical inventory management, for $15.3 million in cash. The acquisition is expected to be modestly accretive to Accelrys’s non-GAAP EPS for 2013 and contribute $1–$2 million in non-GAAP revenues this year. ChemSW employees, […]
Washington, DC 9/6/13—In its second quarter SEC filing, Agilent Technologies disclosed that it is investigating whether certain employees may have violated its Standards of Business Conduct and other policies in relation to the sale of products through third-party intermediaries in China. The investigation includes a review of compliance by Agilent employees with regard to the […]
Beverly, MA and Boulder, CO 9/6/13—Enzymatics, a producer of reagents, kits and assays, has acquired ArcherDx, a developer of kits and software for next generation sequencing (NGS) for use in investigating cancer treatments, for cash, equity and potential milestones worth up to $50 million. Enzymatics stated that the acquisition expands its Enzymatics Diagnostics group, adding […]
Billerica, MA 9/12/13—Bruker has acquired Prairie Technologies, a supplier of life science fluorescence microscopy products, for an undisclosed amount. Prairie had 2012 revenues of $11 million and has 30 employees. “Their Ultima two-photon microscopy product line and the new Opterra swept field multipoint scanning confocal fluorescence product line present new exciting areas of growth for […]
Marcy l’Etoile, France 9/3/13—IVD firm bioMérieux has agreed to acquire PCR provider BioFire Diagnostics for $450 million and BioFire’s net financial debt. BioFire manufactures the multiplex PCR FilmArray System for the diagnosis of infectious disease. Based in Utah with 500 employees, BioFire is estimated to have 2013 revenues of $70 million, including $40 million in […]
Holliston, MA 8/27/13—Harvard Bioscience has hired Jeffrey A. Duchemin as CEO. He replaces President David Green, who has served as interim CEO since May (see IBO 7/15/13). Most recently, Mr. Duchemin served as Global Business director for Corning Life Sciences and spent 16 years with Becton Dickinson. “Mr. Duchemin is a proven global executive with […]
Milford, MA 8/27/13—Waters Chairman and CEO Douglas A. Berthiaume has announced his intention to retire as CEO within the next 24 months. Mr. Berthiaume was named president and CEO in 1994. The Board of Directors has appointed a Succession Planning Committee that will consider both internal and external candidates. “Our future is bright, our team […]
Reinach, Switzerland 8/30/13; Cedar Rapids, IA 8/30/13—Rockwell Collins, a provider of communication and aviation electronic solutions, has sold its Kaiser Optical Systems business to Endress+Hauser, a provider of measurement instrumentation for industrial process engineering, for an undisclosed amount. Kasier supplies spectrographic instrumentation and applied holographic technology, including Raman instrumentation and holographic components. “The Raman technology […]
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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.
