Thermo Fisher reels in Dionex Corp. for $2 billion

December 13, 2010 by MassDevice staff

Thermo Fisher Scientific Inc. today announced a $2.1 billion acquisition of Sunnyvale, Calif.-based laboratory equipment maker Dionex Corp.

Thermo Fisher logo

Thermo Fisher Scientific Inc. (NYSE:TMO) today announced a deal to take over Sunnyvale Calif.-based Dionex Corp. (NSDQ:DNEX).

The Waltham, Mass.-based lab instruments maker plans to pay about $2.1 billion in cash for Dionex, or $118.50 per share, a 21 percent premium over DNEX's last closing price of $98.16.

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