Corning, NY 12/1/11—Corning has acquired Mediatech, including its KD Medical subsidiary, for an undisclosed amount. Mediatech develops, manufactures and sells cell culture media and molecular biology reagents related to tissue and cell culture applications, including products under the cellgro brand. “By providing customers worldwide with greater access to Mediatech’s cellgro product portfolio, this acquisition supports […]
Santa Clara, CA 12/1/11—Agilent Technologies has announced the acquisition of two firms. Financial details were not provided. Agilent has acquired Halo Genomics, whose HaloPlex technology provides sequence-selective sample preparation in next-generation sequencing (NGS). “Halo Genomics’ unique technology and talented R&D team will expand Agilent’s solutions for emerging sequencing applications and accelerate our entry into the […]
Bad Ragaz, Switzerland and Syracuse, NY 11/15/11—INFICON has acquired the assets of Photovac, a developer and manufacturer of detection equipment for volatile organic compounds. Financial details were not disclosed. Based in Waltham, Massachusetts, Photovac’s products include portable and rack-mounted instruments for photoionization detection (PID), flame ionization detection (FID) and GC. The products will join INFICON’s […]
Santa Clara, CA 11/17/11—Agilent Technologies has named Ron Nersesian executive vice president and chief operating officer, effective immediately. Mr. Nersesian has been president of the company’s Electronic Measurement Group since 2009. The presidents of Agilent’s three businesses will report to him. Guy Séné, vice president of the Microwave and Communications division of Electronic Measurement, has […]
Venlo, The Netherlands 11/28/11—QIAGEN has announced an effort to streamline its organizational structures that will result in an 8%–10% reduction in its 3,800-person workforce. Actions include the elimination of duplicate global, regional and local activities; the discontinuation of certain R&D programs in order to focus on high-growth areas; improved site utilization; and the expansion of […]
Santa Clara, CA 11/30/11—Affymetrix has agreed to acquire eBioscience for $330 million in cash. EBioscience is a provider of flow cytometry and immunoassay reagents for immunology and oncology research and diagnostics, with estimated 2011 sales of more than $70 million. The company has gross margins of over 70% and an EBITDA margin of 30%. “With […]
Branford, CT and Tempe, AZ 10/11/11—Roche has agreed to license several technologies developed by Dr. Stuart Lindsay at the Biodesign Institute at Arizona State University and Dr. Colin Nuckolls of Columbia University Nanoscience Center. The technologies include specialized approaches for DNA base sensing and reading and will be used in Roche’s development of a single-molecule, […]
Gothenburg, Sweden 9/15/11; Paris, France 9/15/11; Paris, France 11/2/11; Paris, France 11/4/11—Publicly held genome-engineering firm Cellectis has acquired Sweden’s Cellartis for 1.93 million shares and €16.4 million ($ 22.5 million = €0.73 = $1) in cash. Cellartis is a provider of stem cell–derived products and technologies, including human embryonic stem cell–derived hepatocytes and cardiomyocytes used […]
Abingdon, UK 11/4/11—Oxford Instruments has announced the acquisition of Platinum Medical Imaging for $18 million and an additional $37 million in deferred payments based on the business’s performance over three years. US-based Platinum Medical Imaging provides parts and services for MRI and computed tomography medical imaging instruments. The company’s 2010 revenues were $14.1 million, and […]
Hillsboro, OR 11/14/11—Electron microscopy company FEI has acquired TILL Photonics, a supplier of high-resolution, digital light microscopes and high-speed imaging systems for live-cell fluorescence microscopy, for €14.5 million ($19.9 million = €0.73 = $1) plus an earn out payable in two years based on milestones. In 2011, TILL is expected to have revenues of $8 […]
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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.
