In 2015, 94% of the one thousand public firms globally that spend the most on R&D invested in R&D activities abroad. Their spending on these programs totaled $680 billion, up 5.1%, but revenues fell 1% due to the drop in oil prices. R&D intensity grew 0.2 percentage points to 3.7%. Asia is now the top […]
Bruker Tops Estimates Bruker Scientific Instruments (BSI) delivered robust third quarter organic sales, led by increased government funding, strong NMR and MS sales, and timing of orders. Excluding currency and divestments, sales rose 9.2% to $366.6 million to account for 93% of revenues. System and aftermarket revenues grew roughly 7% and 16% organically to make […]
London, UK 10/28/15—Digital imaging instrument firm Scientific Digital Imaging (SDI) has acquired Sentek for £2 million ($3 billion = £0.65 = $1), financed by cash and loans. Sentek manufactures and produces electrochemical sensors, including pH and conductivity sensors, for water-based applications. For the year ending October 31, 2015, Sentek recorded revenues of £2.6 million ($3.0 […]
Provo, UT 11/2/15—Sequencing informatics company Tute Genomics has acquired human-genome interpretation firm Knome for an undisclosed amount. Knome’s knoSYS platform is used by research and clinical labs for analyzing, annotating and interpreting NGS data. The platform has processed thousands of genomes and exomes, and can store and share them as well as panels and variants. […]
Chelmsford, MA 11/5/15—Brooks Automation, a supplier of automated and cryogenic solutions, has definitely agreed to acquire BioStorage Technologies for $127 million in cash. BioStorage is a provider of sample management programs and integrated cold chain solutions for the biosciences. Trailing 12-month revenues for BioStorage were $40 million. “BioStorage Technologies brings strong customer relationships and excellent […]
Merck KGaA’s $17 billion acquisition of Sigma-Aldrich is expected to close November 18, finalizing a transaction announced last September (see IBO 9/30/14) and creating the world’s second-largest manufacturer and distributor of laboratory products as well as a major presence in the bioprocess market. Although pending for over a year, customer awareness of the acquisition is […]
London, UK 11/11/15—Life science research tool provider Abcam has agreed to acquire AxioMx for $20 million and an additional $25 million in performance-based payments over five years. Based in Connecticut with 28 employees, AxioMx is a technology-as-a-service company using an in vitro recombinant monoclonal antibody technology, which produces higher quality antibodies faster, according to Abcam. […]
Company Announcements Micro GC firm APIX Analytics announced in May that it raised €3.7 million ($4.1 million). Investors include Air Liquide. INFICON Emergency Response & Security sales increased 5.1% sequentially in the second quarter but declined 43.3% year over year to $4.1 million, or 6% of company sales. In the third quarter, segment sales grew […]
Cloud computing is a recent technological development with the potential to significantly change lab workflows and facilitate access to data analysis techniques. Instrument companies are now entering this market space, providing cloud capabilities. With cloud computing, demanding data analyses can be performed without the difficulty of finding funds and space for additional hardware. The cloud […]
Darmstadt, Germany 10/20/15; Morris Plains, NJ 10/20/15; St. Louis, MO 10/20/15—Merck KGaA has agreed to sell Sigma-Aldrich’s lab research chemical business to Honeywell for €105 million ($119 million = €0.88 = $1) in order to comply with the EU’s antitrust requirements for Merck’s purchase of Sigma (see IBO 6/15/15). Honeywell Fine Chemicals, part of the […]
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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.
