Paris, France 4/3/13—Nuclear energy firm AREVA has agreed to sell Canberra, its nuclear measurement subsidiary, to private equity firm Astorg Partners (see IBO 11/30/12). Financial details were not disclosed. Based in Meriden, Connecticut, with 1,500 employees, Canberra had 2012 sales of approximately €250 million ($321 million = €0.78 = $1). “Following 10 years of organic […]
Hilden, Germany and Redwood City, CA 4/29/13—QIAGEN has acquired Ingenuity Systems for $105 million in cash, effective April 29. Ingenuity is a provider of software solutions for the analysis and interpretation of the biological meaning of genomics data, including Knowledge Base, an expert-curated database of genomic variations and disease models. Ingenuity had 2012 sales of […]
Jena, Germany 4/2/13; Jena, Germany 4/10/13—Analytik Jena has agreed to acquire US-based UVP for an undisclosed amount. A supplier of digital imaging systems for proteomic, genomic and animal science applications, UVP posted fiscal 2012 sales of $17.2 million, with half of its sales generated in North America. Analytik Jena expects the acquisition to increase its […]
Basel, Germany 4/23/13; London, UK 4/23/13—Roche has announced that it is dissolving its Applied Science business, part of its Diagnostics Division, and integrating the product lines into other Diagnostics Business Areas. A new unit will be established to focus solely on sequencing, including the current sequencing business, but the company will cease its sequencer development […]
Santa Clara, CA 4/9/13—Affymetrix has announced that it expects first-quarter revenues of $78 million, including eBioscience revenue of $19 million. “Our revenues for the first quarter were below expectations, primarily due to continued headwinds in our gene expression business across all regions, in particular Japan, where we came in significantly short of plan,” stated Affymetrix […]
Irvine, CA 3/28/13—HORIBA Instruments, the US subsidiary of HORIBA, has acquired the process analytical product line of flow equipment provider Cameron. The business includes products, systems and services for measuring liquids and gases used to refine, dissolve and process petrochemical products. The product line will join HORIBA’s Process & Environmental segment. HORIBA stated that the […]
Radnor, PA 4/2/13; Radnor, PA 4/4/13—VWR has purchased two European firms. VWR International has acquired Prolab Laboratuar Teknolojileri (Prolab), a Turkish distributor of scientific laboratory supplies. Financial details were not disclosed. Prolab has been VWR’s distributor in Turkey for several years. “In alignment with our recent acquisitions in China and Latin America, Prolab will allow […]
Carlsbad, CA 4/12/13—Life Technologies has acquired KDR Biotech, a South Korean reagent distributor and Life’s primary Korean distributor since 1982. Financial details were not disclosed. “The acquisition of KDR Biotech is in line with Life’s Asia-Pacific Japan strategy to further develop customer relationships, improve the customer experience and increase revenue in the fast growing South […]
Waltham, MA and Carlsbad, CA 4/15/13—Thermo Fisher Scientific will acquire Life Technologies for $76.00 per fully diluted common share, or $13.6 billion (see IBO 3/31/13). This is a 7.5% premium over Life’s closing price on the prior trading day. Thermo will also assume Life’s net debt, which totaled $2.2 billion at the end of 2012. […]
St. Joseph, MI 3/18/13—LECO and AB SCIEX have announced a comarketing agreement in North America and Europe for the sale of bundled solutions for metabolomics research. The products covered by the agreement are LECO’s GC-TOF MS and AB SCIEX’s LC/MS systems. “Representing a virtual one-stop shop for metabolomics mass spectrometry, the joint bundles from AB […]
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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.
