In July, the Dow Jones Industrial Average enjoyed its largest one month gain in a year, climbing 7.1%. The S&P 500 and NASDAQ each gained 6.9%. Initial earnings optimism from the financial sector coupled with a modest dip in the unemployment rate from 9.7% to 9.5% sent the Dow, S&P 500 and NASDAQ each up […]
Ulm, Germany 7/28/10—WITec GmbH, a provider of optical and scanning probe microscopes, has announced the purchase of a majority stake in omt – optische messtechnik gmbh. Omt supplies optical metrology tools, such as reflectometers, spectral ellipsometers and spectrometers, specializing in industrial applications, including process control. “Our goal is the extension of our market-leading position in […]
Cincinnati, OH 7/20/10—Life science company Meridian Bioscience has acquired all the outstanding capital stock of the Bioline group of companies for $23.3 million in cash. Headquartered in the UK, Bioline is a manufacturer and distributor of molecular biology reagents, including nucleotides and DNA polymerase enzymes. Bioline’s 2010 revenues are estimated to exceed $12 million. “Bioline […]
San Diego, CA 7/27/10—Ilumina has announced that it completed the purchase of Helixis on April 30 for $70 million in cash and up to $35 million in contingent consideration. Helixis is the developer of a high-performance, low-cost real-time PCR system. Illumina will begin selling the system, the Eco, in August for a list price of […]
The American Association for Clinical Chemistry (AACC) held its 61st annual meeting and exposition in Anaheim, California, from July 25 to July 29. Attendance figures were not available from the AACC prior to publication. With over 9,000 members, the AACC is the leading US organization for clinical lab professionals. The exhibition hall was busy on […]
Last January, when IBO issued its industry forecast for 2010, hard evidence of a recovery from the difficult times of 2009 was almost imperceptible. First- and second-quarter 2009 financial results were dismal, and the most recent factual readings were for the third quarter of 2009, when sales were flat. So it was indeed a ”leap […]
San Francisco again played host to Semicon West, an exhibit and trade show organized by the Semiconductor Equipment and Materials Institute (SEMI). As in the past few years, Semicon West was held in association with Intersolar North America, a solar energy trade show. The overall tenor of both shows was highly positive. The combined shows […]
The electromagnetic spectrum, from radio waves to gamma rays, provides numerous “windows” through which to examine the world. Each band of frequencies offers different kinds of information that can be used for science and technology. At the border between radio waves and infrared light lies the extremely high frequency (EHF) band of radio waves. These […]
Company Announcements Bruker AXS signed a strategic partnership with Zethus Software, a cloud-storage technology firm, for the implementation and distribution of the Zethus Cumulus CyberLab technology with its X-ray instruments. Molecular Dimensions, a provider of products for protein-structure determination using X-ray crystallography, was bought out by CEO Tony Savill in April. Molecular Dimensions was an […]
As detailed in the February 15 issue of IBO, the world’s largest pharmaceutical companies have initiated major restructuring efforts targeting their R&D operations. This month, Merck announced details of its plan for an R&D restructuring, following the purchase of Schering-Plough (see IBO 3/31/10). On July 8, Merck announced the closure of eight R&D sites: Montreal, […]
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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.
