Washington, DC 1/25/12—Affymetrix announced in an SEC filing that it has agreed to settle a class-action suit brought by Tang Capital Partners, in which Tang alleged Affymetrix had violated the terms of its Senor Convertible Notes (see IBO 12/31/11). As part of the settlement, Affymetrix will commence a tender offer within two weeks to repurchase […]
Jena, Germany 1/11/12—CyBio, a subsidiary of Analytik Jena, has announced that it will propose at its shareholders meeting on April 27 to authorize the Management Board to apply to withdraw its listing from the Frankfurt Stock Exchange’s Regulated Market. Analytik Jena will make an offer to minority shareholders to purchase their shares in accordance with […]
Carlsbad, CA 1/24/12—Life Technologies has acquired Matrix MicroScience, a UK-based manufacturer of large-volume, automated sample preparation systems and consumables for food safety testing. The company’s products include the PATHATRIX AUTO system for isolating and concentrating target bacteria in food samples at high volumes. “This acquisition provides all the benefits we were looking for to address […]
Karlsruhe, Germany 1/26/12—Bruker AXS GmbH has acquired the assets of Hecus X-ray Systems, a maker of small-angle X-ray scattering systems (SAXS) based on advanced Kratky technology, for an undisclosed amount. The acquisition adds the MICROcaliX product line to Bruker AXS’s product line. “I am convinced that our expanded SAXS product portfolio that now includes our […]
San Diego, CA 1/24/12; Basel, Germany 1/25/12; San Diego, CA 1/26/12; Basel, Germany 1/27/12; San Diego 1/27/12; Basel, Germany 1/31/12; San Diego, CA 1/31/12—Roche has launched a hostile takeover bid for Illumina, following what Roche stated were multiple efforts to negotiate directly with Illumina. Roche has commenced a tender offer for shares of Illumina for […]
Carlsbad, CA 1/16/12—Life Technologies has agreed with DaAn Gene to form Life Technologies DaAn Diagnostics, a joint venture diagnostic business in China. DaAn Gene is a Chinese molecular in vitro diagnostic solutions provider. The joint venture will develop and commercialize molecular diagnostic assays using Life Technologies’ 3500 Dx capillary electrophoresis system and Big Dye Cycle […]
Columbia, MD 1/3/12—Shimadzu has named Shuzo Maruyama president of Shimadzu Scientific Instruments (SSI), its American subsidiary, effective December 19. He was most recently the general manager of Shimadzu’s LC business and is a 29-year veteran of the company. He replaces Takeshi Kawami, who has been president of SSI since April 2007 (see IBO 4/30/07).
Berwyn, PA 1/3/12—AMETEK has acquired Technical Manufacturing (TMC) for an undisclosed amount. TMC’s products include vibration isolation systems and optical test benches that isolate sensitive instruments for the microelectronics, life sciences, photonics and ultra-precision manufacturing industries. “TMC is a great addition to our Electronic Instruments Group (EIG) and an excellent fit with our high-end analytical […]
St. Louis, MO 1/9/12; Rockville, MD 1/9/12—Sigma-Aldrich has announced it will acquire biopharmaceutical-testing services company BioReliance from Avista Capital Partners for $350 million in cash. BioReliance caters to the pharmaceutical, biopharmaceutical, diagnostic and other life science industries by offering biologic, specialized toxicology and animal health testing. BioReliance had revenues of $110 million in 2010 and […]
Hamburg and Jülich, Germany 1/5/12—Eppendorf has announced the acquisition of DASGIP, which develops and manufactures parallel bioreactor systems and software. Financial terms were not disclosed. “DASGIP’s high-quality parallel bioreactors and software solutions nicely complement the current offering of our New Brunswick product lines,” stated Eppendorf CEO Dirk Ehlers. “They allow us to forge a comprehensive […]
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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.
