Life Technologies acquires Advanced Microscopy Group

Biotechnology company Life Technologies (NASDAQ:LIFE; Carlsbad, CA) has acquired microscopy systems developer Advanced Microscopy Group (AMG; Bothell, WA), a division of Westover Scientific. The acquisition enables Life Technologies to expand its product line of cell imaging instrumentation as well as leverage its portfolio of fluorescent dyes and reagents. It also provides new product development opportunities for both laboratory and portable imaging devices.

The microscopy market size is estimated to be approximately $770 million. To that end, the acquisition is expected to be neutral to the company's 2012 earnings, accretive to 2013 earnings and accretive to the company's overall ROIC by 2015. The financial terms of the deal are not being disclosed. AMG's existing business will remain in Bothell, WA, and will join Life Technologies' Flow Cytometry and Imaging business unit.

-----

Follow us on Twitter, 'like' us on Facebook, and join our group on LinkedIn

Laser Focus World has gone mobile: Get all of the mobile-friendly options here.

Subscribe now to BioOptics World magazine; it's free!

Get All the BioOptics World News Delivered to Your Inbox

Subscribe to BioOptics World Magazine or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now
Related Articles

LuxCath optical tissue characterization catheter enables real-time monitoring during cardiac ablation

A study used optical tissue characterization technology for the first time in procedures to treat arrhythmia patients.

Microscope scans images 2000X faster for near-real-time videos of nanoscale processes

Engineers have designed an atomic force microscope (AFM) that scans images 2000 times faster than existing commercial models.

Fluorescence Imaging: Optical filtering basics for life sciences

Optical filters can have a dramatic effect on outcomes in life sciences. These principles demonstrate how next-generation thin film enhances excitation and emission in fluorescence bioimaging syste...

Translational Research: Bench-to-bedside: Progress, pioneers, and 21st Century Cures

The NIH/SPIE Biophotonics from Bench to Bedside workshop (Sept. 24-25) featured speakers and posters presenting exciting translational research in technologies and applications.

Legislation promises biophotonics opportunities

The 21st Century Cures Act (H.R. 6) was a focal point at the NIH/SPIE Biophotonics from Bench to Bedside workshop.

Biophotonics innovator Ozcan wins International Commission for Optics Prize

UCLA professor and biophotonics innovator Aydogan Ozcan has received the International Commission for Optics (ICO) Prize.

Hydrogel bandage with embedded LEDs can deliver medicine to the skin

A newly developed hydrogel matrix can incorporate LEDs, other components, and tiny reservoirs and channels for drug delivery.

Preclinical studies demonstrate effectiveness of laser technologies for local pain control

Two laser methods can trigger on-demand release of a local anesthetic to provide repeatable, long-lasting pain management.

Multifunctional endoscope could treat, remove cancer cells in minimally invasive manner

A newly developed multifunctional endoscope could enable more targeted treatment for cancer patients.

BLOGS

Neuro15 exhibitors meet exacting demands: Part 2

Increasingly, neuroscientists are working with researchers in disciplines such as chemistry and p...

Why be free?

A successful career contributed to keeping OpticalRayTracer—an optical design software program—fr...

LASER Munich 2015 is bio-bent

LASER World of Photonics 2015 included the European Conferences on Biomedical Optics among its si...

White Papers

Understanding Optical Filters

Optical filters can be used to attenuate or enhance an image, transmit or reflect specific wavele...

How can I find the right digital camera for my microscopy application?

Nowadays, image processing is found in a wide range of optical microscopy applications. Examples ...

CONNECT WITH US

            

Twitter- BioOptics World

Copyright © 2007-2015. PennWell Corporation, Tulsa, OK. All Rights Reserved.PRIVACY POLICY | TERMS AND CONDITIONS