Skip to main content
Premium Trial:

Request an Annual Quote

Bruker BioSciences to Acquire Bruker BioSpin for $914M

NEW YORK (GenomeWeb News) – Bruker BioSciences announced today that it will acquire its privately held Bruker BioSpin affiliate for $914 million in cash and stock.
 
Bruker BioSpin develops and manufactures life science and analytical research instruments based on its magnetic resonance core technology. The firm is 100 percent-owned by members of the Laukien family, who also own 52 percent of publicly traded Bruker BioSciences.
 
Following completion of the deal, which is expected early next year, the combined firm will be renamed Bruker Corporation and 60 percent of its shares will be held by the Laukien family. The company will sell complementary instruments and systems including mass spectrometry, magnetic resonance, x-ray analysis, elemental analysis, and molecular spectroscopy for molecular and materials research, as well as industrial and applied analysis.
 
Bill Linton, lead director of Bruker BioSciences and chairman of its special committee of independent directors, said in a statement, “The combined company will considerably increase and diversify its market presence, technology base, product lines, global distribution, and customer support capabilities.”
 
Bruker BioSpin had 2006 revenues of $447 million and net income of $56.6 million. The combined firm expects to have 2007 pro forma revenue of more than $900 million.
 
Bruker BioSciences will acquire the US and German companies in the Bruker BioSpin Group for $388 million in cash. It will acquire the Swiss Bruker BioSpin holding company and its subsidiaries for roughly 57.5 million shares of Bruker BioSciences valued at a total of around $526 million.
 
Bruker BioSpin’s shareholders and board of directors have already approved the acquisition, while Bruker BioSciences’ shareholders will vote on the deal in the first quarter of 2008.

The Scan

More Boosters for US

Following US Food and Drug Administration authorization, the Centers for Disease Control and Prevention has endorsed booster doses of the Moderna and Johnson & Johnson SARS-CoV-2 vaccines, the Washington Post writes.

From a Pig

A genetically modified pig kidney was transplanted into a human without triggering an immune response, Reuters reports.

For Privacy's Sake

Wired reports that more US states are passing genetic privacy laws.

Science Paper on How Poaching Drove Evolution in African Elephants

In Science this week: poaching has led to the rapid evolution of tuskless African elephants.