Logo

PerkinElmer Acquires LED Company Elcos for $15M Cash

Feb 11, 2005

NEW YORK, Feb. 11 (GenomeWeb News) - PerkinElmer has acquired light-emitting-diode company Elcos for $15 million in cash and the potential for performance-based earn-out payments, the companies said yesterday in a statement.

 

Pfaffenhofen, Germany-based Elcos provides its LED products to OEM companies "with the majority of their revenue in biomedical instrumentation," said John Roush, PerkinElmer's president of optoelectronics.

 

In 2004, Elcos had revenues of $11.3 million, more than 60 percent of it from health-sciences applications, including blood-glucose monitoring and pulse oximetry, the companies said.

Breaking News
The Scan

Study Links Evolution of Longevity, Social Organization in Mammals

With the help of comparative phylogenetics and transcriptomics, researchers in Nature Communications see ties between lifespan and social organization in mammals.

Tumor Microenvironment Immune Score Provides Immunotherapy Response, Prognostic Insights

Using multiple in situ analyses and RNA sequence data, researchers in eBioMedicine have developed a score associated with immunotherapy response or survival.

CRISPR-Based Method for Finding Cancer-Associated Exosomal MicroRNAs in Blood

A team from China presents in ACS Sensors a liposome-mediated membrane fusion strategy for detecting miRNAs carried in exosomes in the blood with a CRISPR-mediated reporter system.

Drug Response Variants May Be Distinct in Somatic, Germline Samples

Based on variants from across 21 drug response genes, researchers in The Pharmacogenomics Journal suspect that tumor-only DNA sequences may miss drug response clues found in the germline.