Santa Clara, CA 7/6/11—Affymetrix has announced that it expects second-quarter revenues of $64–$65 million. This would be a 10%–11% decrease from a year ago. Product revenue is expected to be $58–$59 million for a 9%–11% decline. Product revenue includes $55 million in consumables sales and $3.5 million in instrument sales. Service revenue is estimated to […]
White Plains, NY and Yellow Springs, OH 7/11/11—ITT has definitively agreed to acquire, via merger, YSI. YSI develops and manufactures sensors, instruments, software and data collection platforms for environmental water monitoring. YSI had 2010 revenues of $101 million and employs 390 people with locations in the US, Europe and Asia. YSI will join ITT Analytics, […]
Pune, India 5/31/11—Persistent Systems, an India-based provider of outsourced software product development, has agreed to acquire Agilent’s software and marketing and development business based in Grenoble, France. The business is focused on supplying data acquisition and control software for instruments in life science, environmental, energy, applied research and other markets. “Agilent and Persistent have had […]
Lansing, MI 6/20/11—Microbiology kit firm Neogen has purchased the assets of the VeroMara seafood-testing laboratory from GlycoMar, an early-stage discovery company, for an undisclosed amount. VeroMara’s services include testing for shellfish toxins and general foodborne pathogens. The company has annual revenues of $800,000. “VeroMara’s services are complementary and a nice fit with our existing product […]
Essen, Germany 6/28/11—Elster has acquired the GC assets, including intellectual property, of SLS Micro Technology. Elster offers solutions for electricity, gas and water measurement and control providers. It had 2010 sales of $1.8 billion. “The addition of this innovative gas chromatography technology from SLS further strengthens Elster’s position in the emerging biogas and shale gas […]
Austin, TX 6/21/11; Austin, TX 6/27/11—Luminex has acquired EraGen Biosciences, which provides molecular diagnostic testing technologies for infectious disease and genetic applications, for $34 million in cash. EraGen Biosciences’ MultiCode platform is designed for both real-time PCR and multiplex PCR-based applications and includes FDA-cleared products, analyte-specific reagents and research use–only products. Based in Madison, Wisconsin, […]
Radnor, PA 6/1/11—VWR International has purchased BioExpress, a lab product distributor serving the education, biotechnology and government markets and the manufacturer of the GeneMate brand. Financial details were not disclosed. “Acquiring BioExpress supports VWR’s overall growth strategy by expanding customer relationships and strengthening VWR’s position in key education and government market segments,” stated Matt Malenfant, […]
Abingdon, UK 6/14/11; Taunusstein, Germany 6/14/11—Oxford Instruments has acquired Omicron NanoTechnology and Omniprobe. Based in Frankfurt, Germany, Omicron designs and produces advanced microscopes and chemical analysis instruments for nanotechnology research. Oxford Instruments acquired the company for €32.4 million ($46.5 million = €0.70 = $1) in cash on a cash-free debt-free basis. In 2010, Omicron generated […]
Santa Clara, CA 6/1/11—Microarray firm Affymetrix has named Frank Witney, PhD, president and CEO effective July 1. He succeeds Kevin M. King who resigned to pursue other interests. Dr. Witney was most recently president of Dionex (see IBO 4/15/09) and served in a senior leadership position at Panomics (see IBO 11/15/08). Panomics was acquired by […]
Venlo, The Netherlands 6/15/11—QIAGEN announced that it has made an offer and entered into exclusive negotiations to acquire 47% of Ipsogen for €12.90 ($18.60 = €0.69 = $1) per share. Subsequently, QIAGEN would make a public offer to acquire the remainder of the company for the same price, which is a 71.3% premium over Ipsogen’s […]
Pay Invoice
Latest Blogs
-
New Report Details Higher Education Science R&D Spending
February 27, 2026 3:23 pm
-
Single Use Leads Bioreactor Market Growth
December 30, 2025 6:04 pm
Sitemap
Your Data and Privacy
About Us
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.
