Due mainly to policy uncertainty, global renewable energy spending fell 12.4% in 2012 to $244.4 billion, according to a report compiled by the Frankfurt School, UN Environment Programme and Bloomberg New Energy Finance. Developed countries’ spending fell 29% to $132 billion, but developing countries’ spending rose 19% to a record $112 billion. China’s spending grew […]

Fears over higher US interest rates and a reduction in the Federal Reserve’s quantitative easing measures sent equity markets lower in June. Ironically, markets erased some of the earlier losses as first quarter US GDP was revised down to 1.8% growth from 2.4%. The weaker-than-expected economic growth appeased investors’ concerns that the Federal Reserve’s bond […]

Calgary, Canada 6/28/13; Toronto, Canada 6/28/13—Galvanic Applied Sciences has received an acquisition offer from a group of private equity firms, led by Tuckerman Capital. Listed on the Toronto stock exchange, Galvanic is a provider of instrumentation for the natural gas processing and distribution markets and for the liquids process markets. Tuckerman is offering CAD 1.70 […]

East Grinstead, UK 6/27/13—Publicly listed UK scientific instrument firm Judges Scientific has acquired Scientifica for £12.0 million ($18.6 million = £0.65 = $1) in cash and a maximum earn out of £1 million ($2 million). Scientifica designs, manufactures and sells systems for electrophysiology research, including micromanipulators, optical microscopes and associated mounting solutions. The company also […]

Auburn, WA 6/20/13; Tacoma, Washington 6/18/13—Syntrix Biosystems has announced a final judgment of $115 million in its 2010 patent infringement case against Illumina in the US District Court for the Western District of Washington (see IBO 4/30/11). In March, a jury found Illumina guilty of infringing US Patent No. 6,951,682 covering synthetic matrix and array […]

Large, publicly held testing, inspection and certification companies recorded solid growth last year but also continued to restructure operations. Two of the largest such companies are Intertek and SGS, which share a long history in the testing services business and diversified offerings serving a wide range of industries. Intertek, a provider of testing, outsourcing, certification, […]