Thermo Fisher Strengthens PCR Portfolio with $260M Fermentas Acquisition | GenomeWeb

Thermo Fisher continued to expand its PCR and sample preparation product portfolio with the announcement today of its planned $260 million acquisition of international molecular biology tool provider Fermentas.

Following today's announcement, Thomas Weisel Partners issued a research note assigning an "overweight" rating to Thermo Fisher's stock and calling the Fermentas acquisition a "synergistic tuck-in deal" that is a "positive for Thermo as it bolsters Thermo's capabilities in the high-growth PCR market."

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