10-11-2006: Thermo Electron Corporation and Fisher Scientific International Inc. announced that the merger of the two companies has been completed, creating Thermo Fisher Scientific Inc.. The companies combined in a tax-free, stock-for-stock transaction following anti-trust clearance received from the European Commission. The new company, headquartered in Waltham, Mass., has approximately $9 billion in revenues and 30,000 employees. Thermo Fisher Scientific will trade on the New York Stock Exchange under the symbol "TMO."
"This is a historic day for both companies, as two industry leaders join forces to create Thermo Fisher Scientific," said Marijn E. Dekkers, president and chief executive officer of Thermo Fisher Scientific. "The new company combines Thermo's industry-leading analytical instrumentation with Fisher's world-renowned laboratory reagents and consumables. As a result, we can deliver advanced technological solutions and integrated workflows to help our customers push the boundaries of scientific discovery, with increased efficiency. In addition, we have unprecedented access to our customers across the globe through the largest sales force in the industry, and through our catalog and e-commerce channels. With a seasoned leadership team in place, we now look forward to realizing the benefits of this combination quickly and seamlessly, while working toward the long-term success of our new organization."
Under the terms of the agreement, Fisher shareholders received 2.00 shares of Thermo common stock for each share of Fisher common stock they own. Thermo's shareholders own approximately 39 percent of the combined company, and Fisher shareholders own approximately 61 percent.
Thermo Fisher Scientific Named Readers' Choice Winner for Informatics Portfolio
Thermo Fisher Scientific announced that its informatics solutions have won Scientific Computing's 2007 Readers' Choice Awards in four categories - more than any other vendor. The awards represent the company's end-to-end informatics offering including CDS (Chromatography Data Systems), Spec ... more
Merger of Thermo Electron and Fisher Scientific Completed
Thermo Electron Corporation and Fisher Scientific International Inc. announced that the merger of the two companies has been completed, creating Thermo Fisher Scientific Inc.. The companies combined in a tax-free, stock-for-stock transaction following anti-trust clearance received from the ... more
Thermo Expands Its Informatics Presence in Saudi Arabia
Thermo Electron Corporation has established a new local customer support center for its informatics software and services in Dammam, in the Eastern province of Saudi Arabia. The new helpdesk has been developed in close collaboration with the Yusuf Bin Ahmed Kanoo group, Thermo's partner in ... more
Complete X-ray Microanalysis for Electron Microscopy
The Thermo Scientific™ NORAN™ System 7 provides the ultimate in microanalysis capabilities for the modern electron microscopy lab more
Analytik Jena and Fisher Scientific conclude a marketing and sales agreement
Analytik Jena and Fisher Scientific have entered into a marketing and sales agreement for the German Market. The broad range of reagenetic equipment and instruments of the Jena Group will appear in future in the Fisher Scientific Sales Catalogue and then be distributed and sold via the Fish ... more
Merger of Thermo Electron and Fisher Scientific Completed
Thermo Electron Corporation and Fisher Scientific International Inc. announced that the merger of the two companies has been completed, creating Thermo Fisher Scientific Inc.. The companies combined in a tax-free, stock-for-stock transaction following anti-trust clearance received from the ... more
Thermo Electron and Fisher Scientific Stockholders Approve Merger
Thermo Electron Corporation and Fisher Scientific International Inc. announced that, at separate special meetings stockholders of both companies have voted to approve their merger. At the Fisher stockholders meeting, more than 99 percent of the shares represented were voted in favor of the ... more
Thermo Fisher Scientific to Acquire Life Technologies Corporation
Thermo Fisher Scientific and Life Technologies Corporation have signed a definitive agreement under which Thermo Fisher will acquire Life Technologies for $76.00 in cash per fully diluted common share, or approximately $13.6 billion, plus the assumption of net debt at close ($2.2 billion as ... more
Improved Method for Separation of Anthocyanins in Cranberry and Bilberry Extracts
Thermo Fisher Scientific announced an enhanced method to separate anthocyanins in cranberry and bilberry extracts with increased speed and reduced solvent consumption per analysis as compared to a previously developed method. Application Note (AN) 1042: Rapid Separation of Anthocyanins in C ... more
Thermo Fisher Scientific Opens New Manufacturing Facility in China
Thermo Fisher Scientific Inc. announced the official opening of its new facility in Suzhou, China, for the manufacturing of life sciences consumables and equipment. The facility expands the company’s global manufacturing footprint and establishes local production capabilities to meet increa ... more
Accelerated Solvent Extraction (ASE) - the best way to prepare your GC and LC samples
ASE methods are established and accepted in the environmental, pharmaceutical, foods, polymer, and consumer products industries more
K-Alpha - Monochromated, high-performance XPS spectrometer
The new surface analysis instrument, K-Alpha is a fully integrated, monochromated small-spot X-ray Photoelectron Spectrometer (XPS) system. K-Alpha is designed for a multi-user environment more
Ultra-high resolution UHPLC with long sub-2µm particle columns and pressure range of up to 1250 bar
UltiMate 3000 XRS systems optimize performance of small particle UHPLC columns, handle pressures up to 1250 bar and offer seamless LC/MS integration more
Delivering on the Promise of the Paperless Lab
Organizations have made significant investments in enterprise and laboratory tools, technologies and solutions to help improve productivity, better manage data/information and optimize their business processes. However, the reality is that most companies have not reaped the return on inves ... more
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science. Our mission is to enable our customers to make the world healthier, cleaner and safer. With revenues of $12 billion, we have approximately 39,000 employees and serve customers within pharmaceutical and biotech ... more
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