Company Announcements and Product Introductions
Company Announcements and Product Introductions
Company Announcements and Product Introductions
Latest sales, operating income and net profit figures for analytical instrument and laboratory product companies
Summary of the technology, its applications and its market
Last month, FOSS and Mérieux NutriSciences announced a strategic partnership for improving food safety. The strategic collaboration between FOSS and Mérieux NutriSciences incorporates their respective strengths in innovating platforms for testing and QC, as well as R&D and analysis solutions in the food testing sector. The collaboration between FOSS and Mérieux NutriSciences highlights the growing […]
In spite of the ambiguous global economic environment, calendar year second quarter demand for a majority of large publicly held instrument and lab product companies remained steadfast. Reminiscent of the first quarter, strength was highlighted in the pharmaceutical and certain applied markets, such as food and environmental, especially in China. Despite sturdy demand, sales growth […]
New York, NY 8/18/16; Los Angeles, CA 8/18/16—Quoting a report on StreetInsider.com from an anonymous source, Bloomberg wrote earlier this month that Illumina received an acquisition offer from Thermo Fisher Scientific valued at $30 billion in stock. However, interviewed by Investors Business Daily, analysts Doug Schenkel of Cowen and Wells Fargo’s Tim Evans told the […]
Männedorf, Switzerland 8/31/16—Tecan has acquired SPEware, a US-based provider of MS sample preparation solutions, for $50 million in cash and an earn-out consideration of up to $10 million. The price values SPEware at approximately 3x fiscal 2016 sales, and the company’s EBITDA margin is higher than Tecan’s. “With SPEware’s current focus on North America, we […]
Uppsala, Sweden 8/31/16—Separations technologies firm Biotage has made a DKK 15 million ($2.2 million = DKK 6.67 = $1) investment in Chreto Aps, acquiring a 22% stake in the company, with an option to acquire all outstanding shares until December 31, 2018, for DKK 600 ($90) per share. Chreto Aps is a developer of single-use […]
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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.
