Santa Clara, CA 4/9/13—Affymetrix has announced that it expects first-quarter revenues of $78 million, including eBioscience revenue of $19 million. “Our revenues for the first quarter were below expectations, primarily due to continued headwinds in our gene expression business across all regions, in particular Japan, where we came in significantly short of plan,” stated Affymetrix […]
Irvine, CA 3/28/13—HORIBA Instruments, the US subsidiary of HORIBA, has acquired the process analytical product line of flow equipment provider Cameron. The business includes products, systems and services for measuring liquids and gases used to refine, dissolve and process petrochemical products. The product line will join HORIBA’s Process & Environmental segment. HORIBA stated that the […]
Radnor, PA 4/2/13; Radnor, PA 4/4/13—VWR has purchased two European firms. VWR International has acquired Prolab Laboratuar Teknolojileri (Prolab), a Turkish distributor of scientific laboratory supplies. Financial details were not disclosed. Prolab has been VWR’s distributor in Turkey for several years. “In alignment with our recent acquisitions in China and Latin America, Prolab will allow […]
Carlsbad, CA 4/12/13—Life Technologies has acquired KDR Biotech, a South Korean reagent distributor and Life’s primary Korean distributor since 1982. Financial details were not disclosed. “The acquisition of KDR Biotech is in line with Life’s Asia-Pacific Japan strategy to further develop customer relationships, improve the customer experience and increase revenue in the fast growing South […]
Waltham, MA and Carlsbad, CA 4/15/13—Thermo Fisher Scientific will acquire Life Technologies for $76.00 per fully diluted common share, or $13.6 billion (see IBO 3/31/13). This is a 7.5% premium over Life’s closing price on the prior trading day. Thermo will also assume Life’s net debt, which totaled $2.2 billion at the end of 2012. […]
In a year with modest economic growth, it was consolidations, divestments and growing technology bases that were some of the factors that altered rankings among IBO’s list of the top 30 analytical and life science instrument and aftermarket companies for 2012. Among the list’s most notable changes was Illumina’s entry into the top 10 due […]
Thermo Fisher Scientific announced plans to acquire Life Technologies on April 15 for $13.6 billion (see page 2), making it one of the largest acquisitions in the history of the analytical and life science instrument industry. The acquisition brings together the largest and third-largest analytical instrument and lab product suppliers (see page 1), creating a […]
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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.
