Bruker BioSciences, Optics union will deliver molecular analysis systems


Bruker BioSciences Corp. (BRKR) plans to acquire all the stock of molecular spectroscopy company Bruker Optics Inc. for $135 million, payable 59% in cash and 41% in BRKR stock. The acquisition agreement was signed following unanimous approval by a special committee of independent directors and all independent directors of the board of directors of Bruker BioSciences . (Non-independent BRKR directors refrained from participating in the vote.) The agreement was also unanimously approved by the board of Bruker Optics .

The combined company will have a broad range of mass spectrometry, x-ray analysis, and molecular spectroscopy technology platforms to provide complementary systems for chemical and material analysis and for proteomics. It will be able to provide instrumentation and molecular analysis solutions for pharmaceutical and biotechnology research and development; proteomics and structural biology; advanced materials research and nanotechnology; pharmaceutical process analysis technology (PAT); food, beverage, feed, and agricultural analysis; and advanced and raw materials research and process analysis.

“With the addition of Bruker Optics, Bruker BioSciences will considerably increase and diversify its market presence, technology base, product line, global distribution and customer support capabilities,” said Bill Linton, chairman and CEO of Promega Corp. and lead director of Bruker BioSciences. “The acquisition,” he went on, “is expected to create a life science and analytical systems company with greater than $400 million of revenue in 2006, and with improved operating and net income margins.”

The transaction is subject to customary regulatory approvals and is expected to close this summer.

Jeanine Katzel, senior editor, Control Engineering

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Integrated mobility; Artificial intelligence; Predictive motion control; Sensors and control system inputs; Asset Management; Cybersecurity
Big Data and IIoT value; Monitoring Big Data; Robotics safety standards and programming; Learning about PID
Motor specification guidelines; Understanding multivariable control; Improving a safety instrumented system; 2017 Engineers' Choice Award Winners
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
click me