Company Announcements In August, Antonarp raised $8 million in a Series A round for development of the Smart Spectrometer technology platform for gas-composition analysis instruments. Optek named AMS Instrumentation & Calibration as its exclusive distributor for Australia. Cambridge Sensotec, which provides gas analysis systems, acquired Dynascan, a supplier of leak-detection products, in August. In August, […]
The UK’s science and innovation strategy was released this month, reflecting the government’s long-term commitment to science despite challenging economic times. Included in the strategy are plans for funding for scientific infrastructure and research, and for spurring innovation. Capital funding for science will receive £5.9 billion ($9.3 billion) from fiscal 2016 through fiscal 2021, with […]
Gross expenditure on R&D (GERD) in South Africa rose 7.5% in fiscal 2013 to ZAR 23.9 billion ($2.2 billion). At 0.76%, GERD as a percentage of GDP did not change. Expenditures rose in all sectors, with business and higher education leading spending at ZAR 10.6 billion ($957 million) and ZAR 7.3 billion ($664 million), up […]
A survey of 186 EU-based companies, which together in 2013 invested €60 billion ($80 billion) in R&D, showed that the firms expect R&D investment to grow on average 4.2% annually from 2014 to 2016. The highest expected increases in spending are by aerospace and defense, health care equipment and services, and fixed-line telecommunication firms, with […]
As oil prices fall, mergers and acquisitions (M&A) in the industry are likely to increase, according to observers. M&A allows for cost cuts and access to new assets, particularly for large oil companies. The first half of 2015 is expected to be slow for oil company M&A as valuations remain uncertain. Nonetheless, two deals that […]
The US Patent and Trademark Office (USPTO) issued new guidance this month on nature-based products. The new document is a revision of a guidance released in March stating that to be eligible for patents, such inventions must be “significantly different” and show structural differences from natural products (see IBO 7/15/14). Feedback from stakeholders claiming that […]
According to the “2014 EU Industrial R&D Investment Scoreboard,” the world’s top 2,500 companies for R&D investment spent €538.5 billion ($718.0 billion) on R&D in fiscal 2013, an increase of 4.9%. Net sales growth for these firms was 2.7%, and their capital spending increased 2.5%. Scoreboard companies each invested more than €15.5 million ($20.7 million) […]
St. Louis, MO 12/22/14—Emerson has acquired Cascade Technologies, a Scotland-based manufacturer of gas analyzers and monitoring systems using quantum cascade laser (QCL) technology, which can measure multiple gases simultaneously. “The acquisition of Cascade Technologies is an exciting step as we further strengthen our gas-analysis portfolio,” commented Tom Moser, Group vice president of Emerson Process Management’s […]
Washington, DC 12/30/14—HTG Molecular Diagnostics has filed with the SEC for a public offering of its common stock on the NASDAQ stock exchange. No stock price or offering date was disclosed. The company provides the HTG Edge platform, consumables and software for facilitating complex molecular profiling for routine use in clinical and research applications. The […]
Goettingen, Germany 12/19/14—Lab- and process-technology company Sartorius has agreed to sell its Industrial Technologies Division (Intec) to Japanese Minebea and the Development Bank of Japan. The sales price will be determined by Intec’s operating profit this year, but the parties have agreed on a 7.5 multiple of Intec’s 2014 operating EBITDA. “By selling our Intec […]
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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.
