San Diego, CA 10/6/11—Illumina has announced that it expects third-quarter revenues of $235 million. This figure would be a 1% decrease year over year and an 18% decline from the second quarter. The company attributed the forecast to: uncertainty about US and European research-funding levels that resulted in purchasing delays for both instruments and consumables; […]
Stockholm, Sweden 9/2/11—Perten Instruments, a provider of quality control systems for food, has acquired TexVol Instruments. TexVol Instruments supplies volume-measuring instruments and texture-analysis systems. “The complimentary nature of the instrument ranges from Perten Instruments and TexVol Instruments allows us to deliver a wider range of analytical solutions to our customers from a single source,” said […]
Aubagne, France, Goettingen, Germany and Chalfont St. Giles, UK 9/12/11—Sartorius Stedim Biotech and GE Healthcare Life Sciences have signed a patent cross-licensing agreement for biotechnology manufacturing technologies. Sartorius has granted GE a sublicense to certain patents exclusively licensed from Fluorometrix that involve bioreactors with at least two optical sensors. GE has granted Sartorius a sublicense […]
Tokyo, Japan 9/28/11—Sony has announced the acquisition of Micronics, a provider of microfluidics technology for diagnostic applications, including point-of-care solutions, and research applications. The main focus of the company recently has been a molecular diagnostic platform for infectious diseases, according to Sony. “We believe that the combination of Micronics’ development capabilities in the medical diagnosis […]
Washington, DC 9/20/11—In a filing with the SEC, sequencer firm Pacific Biosciences announced the layoff of 130 employees, or 28% of its workforce. The company stated that the action was taken because of “uncertainties associated with the economic environment and to position the company for long-term success.” The reductions, which should be completed this month, […]
Wood Dale, IL 9/9/11—At its analysts meeting this month, Danaher confirmed that its plans to lay off 1,000 employees at recently acquired Beckman Coulter (see IBO 2/15/11) as part of a significant restructuring effort at the business. At the end of 2010, Beckman Coulter had 11,900 employees. Danaher stated when it announced its plans to […]
London, UK 9/13/11—Abcam, a provider of protein research tools, has agreed to acquire Ascent Scientific for £10 million ($16 million = £0.63 = $1) in cash and £4 million ($6 million) in shares priced at 345.58 pence ($5.48) per share. Ascent is a provider of biochemicals for life science research. For the year ending July […]
Randor, PA 9/2/11—VWR International has acquired INTERNATIONAL P.B.I., an Italian distributor of laboratory supplies and services, with expertise in microbiology. Financial details were not disclosed. The company represents several brands as well as its own and serves many customer segments, including pharmaceutical, chemical, food and beverage, biotechnology, clinical and education. “INTERNATIONAL P.B.I.’s business and strong […]
Rochester, NY 9/1/11—Thermo Fisher Scientific has acquired Intrinsic Bioprobes, a manufacturer of immunoenrichment tools for sample preparation for use in quantitative MS. The company’s Mass Spectrometric Immunoassay (MSIA) technology is designed for the enrichment of low-abundance proteins in biological samples. “The Intrinsic Bioprobes portfolio will enhance Thermo Fisher’s position in the rapidly emerging field of […]
Billerica, MA 9/12/11—Bruker has signed a purchase agreement to acquire Center for Tribology (CETR) for an undisclosed amount. CETR offers nano-mechanical and tribological test instrumentation, serving both basic materials research and industrial manufacturing. Based in Campbell, California, the company is projected to have 2011 revenues of more than $10 million of EBITDA of greater than […]
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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.
