Thermo Electron purchases InnaPhase

Thermo Electron Corp. recently completed its acquisition of InnaPhase Corp. for approximately $65 million in cash, subject to a post-closing adjustment. InnaPhase's more than 100 employees supply laboratory information management systems (LIMS) for pharmaceutical and biotechnology markets, and expects revenues of approximately $26 million in 2004.

10/01/2004


Thermo Electron Corp. recently completed its acquisition of InnaPhase Corp. for approximately $65 million in cash, subject to a post-closing adjustment. InnaPhase's more than 100 employees supply laboratory information management systems (LIMS) for pharmaceutical and biotechnology markets, and expects revenues of approximately $26 million in 2004. Thermo says this acquisition extends its position as the world's largest provider of LIMS products and services.

InnaPhase's flagship Watson LIMS is reportedly the leading product in drug development laboratories, and is the industry standard for bioanalytical applications. InnaPhase's products will be integrated with Thermo's informatics products, which include SampleManager, the leading LIMS for large analytical laboratories.





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.
Robot advances in connectivity, collaboration, and programming; Advanced process control; Industrial wireless developments; Multiplatform system integration
Sensor-to-cloud interoperability; PID and digital control efficiency; Alarm management system design; Automotive industry advances
Make Big Data and Industrial Internet of Things work for you, 2017 Engineers' Choice Finalists, Avoid control design pitfalls, Managing IIoT processes
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!

Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Flexible offshore fire protection; Big Data's impact on operations; Bridging the skills gap; Identifying security risks
click me