PerkinElmer, Inc. reported financial results for the third quarter ended October 2, 2016. The Company reported GAAP earnings per share from continuing operations of $0.52, as compared to $0.48 in the third quarter of 2015. GAAP revenue in the third quarter of 2016 was $548.1 million, as com ... more
PerkinElmer Acquires Analytica of Branford, Inc.Investment Enhances Mass Spectrometry Portfolio & Expertise
PerkinElmer, Inc. has acquired Analytica of Branford, Inc. The acquisition is an integral part of PerkinElmer's strategic commitment to continue to grow its human and environmental health portfolio. Terms of the acquisition were not disclosed.
With the completion of this acquisition, PerkinElmer will gain significant insight and intellectual property in the field of MS and ion source technology.
"Mass spectrometry has proven to be an essential tool in many fields and will continue to be of critical importance. Bringing Analytica's technology and team of highly innovative experts in-house will dramatically increase our capabilities in this area," said Richard Begley, Ph.D., president, Analytical Sciences, PerkinElmer. "The acquisition of Analytica will allow us to offer our customers access to critical technologies such as time-of-flight and quadrupole mass spectrometers and new ion sources that provide more complete information as well as better throughput."
Analytica's advanced technology complements PerkinElmer's human and environmental health portfolio. For human health applications, mass spectrometry provides an extremely detailed profile of medically relevant materials in drug discovery and molecular diagnostics. This technology is also the cornerstone of environmental detection and analysis and industrial monitoring. Areas of applications include environmental analysis, pharmaceutical and nutraceutical materials analysis, forensics and food safety.
PerkinElmer will integrate Analytica's current manufacturing operations into its Shelton, CT facility, while utilizing Analytica's existing Branford facility for R&D projects. Craig Whitehouse, founder and former president of Analytica, will become an employee of PerkinElmer and oversee PerkinElmer's MS R&D operations.
PerkinElmer, Inc. announced that Samuel R. Chapin has been elected to the Company's Board of Directors. "I am pleased to welcome Samuel to our Board, as he brings extensive experience in strategic advisory, mergers and acquisitions, and deal financing for a wide range of transactions, along ... more
PerkinElmer, Inc., announced that it has completed the acquisition of Vanadis Diagnostics, AB. Based in Sweden, Vanadis is developing a novel solution for non-invasive prenatal testing (NIPT) based on digital analysis of cell-free DNA. The acquisition is anticipated to build upon PerkinElme ... more
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PerkinElmer, Inc. has acquired Analytica of Branford, Inc. The acquisition is an integral part of PerkinElmer's strategic commitment to continue to grow its human and environmental health portfolio. Terms of the acquisition were not disclosed. With the completion of this acquisition, Perki ... more
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