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Molecular Devices Buys Arcturus Unit

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SUNNYVALE, Calif., April 6, 2006 -- Molecular Devices Corp. announced Wednesday it has acquired the laser capture microdissection (LCM)-related business of Arcturus Bioscience Inc. of Mountain View for $10 million in cash. Molecular Devices said the move will expand its portfolio to include complete systems and reagents for LCM, a sample-preparation technology for genomic and protein analysis. Under the terms of the transaction, Molecular Devices hired 42 former Arcturus employees that were associated with the LCM business. All of the Arcturus LCM operations and employees will immediately move to it headquarters in...Read full article

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    Published: April 2006
    Arcturus Biosciencegenomic analysislaser capture microdissectionLCMMolecular DevicesNews & Featuressample preparationLasers

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