New York, NY 3/5/13; New York, NY 3/6/13; New York, NY 3/12/13—Reuters reported on March 5 that private equity firms are interested in jointly making an offer to acquire Life Technologies (see IBO 1/31/13, 2/28/13), according to people familiar with the situation. The consortium would include Blackstone, Carlyle, TPG Capital and Temasek Holdings, but discussions […]
This year, three major, publicly held analytical companies are implementing structural changes designed to advance their strategic and financial goals. The changes reflect the companies’ growing sizes and their ability to capitalize on financial and market opportunities. Scanning electron microscopy maker FEI announced in January that it has reorganized into two groups: the Industry Group […]
Federal agencies and laboratory instrument companies are now bracing for the effects of sequestration. On March 1, the Office of Management and Budget (OMB) officially announced fiscal 2013 (FY13) across-the-board reductions to all federal US agencies (see IBO 11/30/11). The $85 billion total budget cuts for FY13 are part of the Budget Control Act of […]
US equity markets vacillated for most of February. However, rising confidence over sustained quantitative easing measures for the foreseeable future overshadowed most of the sequestration concerns. In addition, better-than-expected consumer confidence, an improved housing market and positive manufacturing momentum helped drive the Dow Jones Industrial Average and S&P 500 up 1.4% and 1.1% for the […]
At the far end of the IR spectrum lies a previously little-used segment of the electromagnetic spectrum known as the terahertz region. The use of the terahertz region for spectroscopy offers advantages but faced technological limitations until recently. Numerous vendors have entered the market in the past several years. An incredibly diverse range of potential […]
Company Announcements WHEATON named Wayne Brinster president in October 2012, succeeding Stephen R. Drozdow, who remains CEO. Previously, Mr. Brinster was vice president and general manager of Synthon Pharmaceuticals. Kuhner Shaker opened a US office and warehouse in San Carlos, California, in November 2012. Azbil Group acquired a 80% stake in Telstar in November 2012, […]
Company Announcements Genalyte is marketing Scienion’s sciFLEXARRAYER liquid dispensers with its Maverick Detection System. Agilent licensed its SureFISH probes for use with BioDiscovery’s Nexus software for cytogenetic microarrays. Tecan and JPT Peptide Technologies are collaborating to co-promote JPT’s peptide arrays and profiling capabilities with Tecan’s microarray handling devices. Arrayjet opened an office in Cambridge, Massachusetts, […]
Company Announcements Yokogawa Electric expanded its distribution agreement for SICK process analytical instrumentation, making them available worldwide. ABB announced it is working with system integrator Zenith Technology to develop and implement automation solutions for life science customers in China and India. Hamilton announced in October 2012 the addition of Memosens sensors to its product offerings. […]
La Jolla, CA and Coralville, IA 2/27/13—Synthetic Genomics (SGI) has announced the formal launch of SGI-DNA for the development, manufacture and commercialization of its synthetic DNA technology. Synthetic Genomics and Integrated DNA Technologies (IDT) have also expanded their collaboration (see IBO 3/31/12) to include the manufacture and co-branding of cloned synthetic DNA constructs up to […]
Bologna, Italy 2/26/13; Sanford, ME 2/26/13—Filtration products manufacturer GVS has acquired a majority equity interest in Maine Manufacturing. The invested capital was used to support Maine Manufacturing’s recent acquisitions of selected GE Osmonics products (see IBO 12/15/12) and life science product lines from GE Healthcare (see IBO 1/15/13). “This alliance will allow Maine Manufacturing to […]
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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.