South Plainfield, NJ 12/21/15—Genomics services company GENEWIZ has acquired Beckman Coulter’s genomics services business for an undisclosed amount. Based in Danvers, Massachusetts, the Beckman Coulter business provides NGS and Sanger sequencing services for healthcare, academic and government customers. “The genomic services business of Beckman Coulter is an ideal fit with GENEWIZ’s global strategy and expansion […]
Washington, DC 12/3/15; New York, NY 12/16/15—Danaher has announced that it plans to complete the spin off of its industrial businesses (see IBO 5/15/15) in the third quarter of 2016. The new company will be named Fortive and would have had $6.3 billion in revenues for 2014. At its annual investor and analyst meeting, Danaher […]
Paris, France 12/3/15; Paris, France 12/17/15—Reuters reported earlier this month that bidding for Areva’s Canberra business, which provides radiological detection systems for security, health and research applications, will begin early next year, quoting an anonymous source. Companies that intend to bid include Mirion Technologies, Apax Partners, 3i and Triton. Areva announced on December 17 that […]
Vleuten, the Netherlands 12/16/15—Verder Scientific has acquired ATM, a manufacturer of systems for metallographic applications. ATM has 150 employees. “With the acquisition of ATM, the Verder Scientific Division will become the market leader for mechanical sample preparation of solids,” commented Dr. Jürgen Pankratz, director of Verder Scientific. Verder also stated that the acquisition complements its […]
Seoul, South Korea 12/16/15; Seoul, South Korea 12/17/15—AFM manufacturer Park Systems has completed an IPO of one million shares on South Korea’s KOSDAQ exchange. In 2014, the 84-person company generated KRW 13,123 million ($12.5 million = KRW 1,053.53 = $1) in revenues, according to the stock exchange. “This IPO demonstrates our ambition to take a […]
US indexes ended 2015 mostly lower as the Dow Jones Industrial Average and S&P 500 slipped 2.2% and 0.7%, respectively, representing the worst performance for the two Indexes since the 2008 financial crisis. The NASDAQ advanced 5.7% for the year but endured a notable slowdown compared to double-digit gains in each of the previous three […]
On December 18, the US federal government’s $1.15 trillion budget for fiscal 2016 (October 1, 2015–September 30, 2016) was signed into law. The 2016 Consolidated Appropriations Act, also known as the Omnibus bill, increases funding for many research agencies. According to preliminary estimates from the American Association for the Advancement of Scientists (AAAS), the fiscal […]
Princeton, NJ 12/1/15—Certara has purchased XenologiQ, a quantitative systems pharmacology (QSP) consultancy for an undisclosed amount. According to Certara, “QSP is an emerging biosimulation discipline that combines computational modeling and experimental methods to examine the mechanistic relationships between a drug, the biological system, and the disease process.” XenologiQ will become part of Certara’s Simcyp division, […]
Skokie, IL 12/1/15—Integrated DNA Technologies (IDT) has agreed to acquire AITbiotech’s oligonucleotide synthesis business, which is based in Singapore. Financial details were not disclosed. IDT stated that the acquisition will expand its Southeast Asian customer base.
Darmstadt, Germany 12/10/15—At its 2015 Capital Market Day, Merck KGaA provided details about its merger with Sigma-Aldrich (see IBO 11/30/15) and how it plans to realize the €260 million ($286 million = €0.91 = $1) in synergies by 2018. Merck Life Science now consists of Research Solutions, representing 35% of revenues; Process Solutions, which make […]
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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.
