Wetzler, Germany and Delhi, India 11/14/11; Delhi, India 11/14/11—Leica Microsystems and AB SCIEX, two Danaher Life Sciences businesses, have announced acquisitions from Labindia Instruments, the companies’ Indian distributor. AB SCIEX has acquired Labindia Instruments’ MS business, including customer relationships, personnel and application support facilities. Labindia has distributed AB SCIEX’s MS systems in India for 15 […]
San Jose, CA 10/19/11—Measurement instrument firm Endress+Hauser has acquired a stake in Finesse Solutions, a developer and producer of sensors, hardware and software for bioprocess engineering. Skymoon Ventures, the previous majority shareholder, will hold an equal stake to Endress+Hauser and the company’s staff of about 50 will maintain their ownership stake. “Biotechnological procedures will play […]
Ithaca, NY 10/26/11; Research Triangle Park, NC 10/26/11—Advion, a provider of LC and MS products, has announced the sale of its Biosciences business to Quintiles Transnational for an undisclosed amount. Advion Biosciences provides bioanalytical services. Advion CEO and President David Patteson and Dr. Jack Henion, company chief scientific officer, chairman and cofounder, will remain with […]
Berwyn, PA 10/17/11; Chicago, IL 10/17/11—AMETEK has acquired Reichert Technology for $150 million from private equity firm Beecken Petty O’Keefe & Company. Based in Depew, New York, with annual sales of $55 million, Reichert Technology is manufacturer of analytical instrument and diagnostic devices for the eye care market. “Reichert Technologies is an excellent acquisition, which […]
San Diego, CA 10/25/11; Washington, DC 10/26/11—Illumina announced in its third-quarter earnings release (see page 4) that it has implemented a restructuring program due to the uncertainties surrounding government and academic research funding and the global economic environment. The company expects to record the majority of a $15–$17 million restructuring charge in the fourth quarter. […]
Goettingen, Germany 10/26/11; Helsinki, Finland 10/26/11—Sartorius has agreed to acquire the Liquid Handling business of Biohit for €68 million ($95 million = €0.72 = $1) in cash. The business offers mechanical and electronic pipettes and disposable tips and has 400 employees. In 2010, the business had sales of €37.8 million ($49.7 million = €0.76 = […]
The Woodlands, TX 10/13/11; San Jose, CA 10/13/11—Rigaku Americas has acquired BaySpec’s handheld Raman technology and products lines for an undisclosed amount. Rigaku will form a new division, Rigaku Raman Technologies, for R&D, engineering, production, marketing and distribution of the products. The first products will be the FirstGuard and Xantus series, which cover the sample […]
Männedorf, Switzerland 10/7/11—Tecan has announced the initiation of a succession process for its CEO. Tecan’s Board in coming months will elect a new CEO, replacing current CEO Thomas Bachmann, whose employment ends October 31, 2012. The company stated that the process follows its strategic realignment of the last two years, which has resulted in a […]
Shanghai, China 10/14/11—R&D services firm WuXi PharmaTech has acquired Abgent, a provider of biological research reagent products and services, for an undisclosed amount. The world’s largest manufacturer of antibody reagents for research use, according to WuXi PharmaTech, Abgent offers a catalog of 20,000 antibody products. Abgent manufactures antibodies for distribution by reagent suppliers and also […]
Hercules, CA 10/5/11—Bio-Rad Laboratories has acquired QuantaLife for $162 million in cash and potential future milestone payments. QuantaLife is a developer of digital PCR technology (see IBO 12/15/10), which can be used for the detection of rare mutations. The company’s Droplet Digital system (ddPCR) is used for the validation of next-generation sequencing results. “We are […]
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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.
