Thermo Fisher Scientific, Inc. has signed a definitive agreement for the acquisition of Ahura Scientific. Ahura Scientific is a producer of field deployed analytical instruments for human health and public safety. The acquisition price is $145 million in cash, in addition to potential earn out payments based on the achievement of 2010 financial targets.
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Ahura’s products will expand Thermo Fisher’s portfolio comprised of analytical devices that are designed to provide the ability to quickly identify and authenticate a variety of molecular and elemental substances. Ahura has 120 employees and has generate $45 million in full year revenue during 2009. The transaction will close during the first quarter of 2010.
Thermo Fisher Scientific Inc. (Thermo Fisher), incorporated in 1956, is engaged in serving science. It provides analytical instruments, equipment, reagents and consumables, software and services for research, manufacturing, analysis, discovery and diagnostics. The Company operates through two segments: analytical technologies and laboratory products and services. Analytical technologies segment includes pharmaceutical, biotechnology, academic, government and other research and industrial markets. Laboratory products and services segment offers combination of products and services that allows its customers to engage in their core business functions of research, development, manufacturing, clinical diagnosis and drug discovery. In April 2009, Alesco Corporation Ltd. sold its Scientific & Medical division to Thermo Fisher Scientific Inc. In October 2009, the Company acquired B.R.A.H.M.S. AG.
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