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Thermo Fisher Acquires Biolab

Photonics.com
Apr 2009
Thermo Fisher Scientific Inc. of Waltham, Mass., a service and solutions supplier for research, analysis, discovery and diagnostics, has entered into an agreement to acquire Biolab for $120 million. The latter company is the scientific and medical division of Alesco Corp. Ltd. and is a provider of analytical instruments, life science consumables and laboratory equipment in Australia and New Zealand. Expected to be completed April 30, 2009, it will be integrated into the former company’s laboratory products and services segment.


GLOSSARY
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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