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Bio-Rad Buys Virtek Biotech Microarray, Robotic Business

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HERCULES, Calif., July 2 -- Bio-Rad Laboratories Inc. has acquired the microarray and robotics technologies business of Virtek Biotech Canada Inc., a subsidiary of Virtek Vision International Inc. of Waterloo, Ontario. Bio-Rad paid approximately $7 million to acquire assets. Bio-Rad will hire employees from this group and expects operations to continue in Canada. "We are very excited about this acquisition," said Norman Schwartz, Bio-Rad vice president and Life Science Group manager. "It is a natural extension of our DNA- and proteome-based product lines, augmenting our existing gene...Read full article

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    Published: July 2002
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