Billerica, MA 5/19/10—Bruker has completed the acquisition of Varian’s ICP-MS, laboratory GC and triple quadrupole–GC instrument product lines (see IBO 3/15/10), which make up the new Chemical Analysis Division (CAD), part of the Bruker Daltonics MS business (see IBO 4/15/10). More than 250 former Varian staff have joined Bruker as a result of the acquisition. […]
Dublin, Ireland 5/26/10; Phillipsburg, NJ 5/26/10—Covidien has agreed to sell its Specialty Chemicals business to an affiliate of private equity firm New Mountain Capital for a cash purchase price of $280 million. Fiscal 2009 sales of Specialty Chemicals products totaled $414 million. The Specialty Chemicals business manufactures and supplies high-purity chemicals to the lab, pharmaceutical […]
Bothell, WA 5/27/10—Sonosite, a provider of impedance cardiography equipment, has signed an agreement to acquire VisualSonics for $71 million net of cash and debt. VisualSonics provides real-time ultra high-frequency micro-ultrasound technology for the preclinical research market. “Our intention is to integrate VisualSonics’ micro-ultrasound technology with SonoSite’s miniaturization competency and user design to deliver ultra high-frequency […]
Waltham, MA 5/27/10—Thermo Fisher Scientific has agreed to acquire Fermentas International for $260 million in cash. Fermentas is a manufacturer and distributor of enzymes, reagents and kits for molecular and cellular biology research. The company had 2009 revenues of CAD $57 million ($54 million). “With Fermentas, we are better-positioned to meet the demands of molecular […]
This year’s 58th American Society for Mass Spectrometry (ASMS) meeting was held in Salt Lake City, Utah, from May 23 though May 27. Factoring in the Varian acquisition by Agilent that closed the week prior (see IBO 5/15/10), there were exactly the same number of exhibitors this year, 166, as in 2009. Although the number […]
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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.