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Laboratory Instruments

Harvard Bioscience snaps up Coulbourn Instruments

August 23, 2010 by MassDevice staff

Harvard Bioscience Inc. buys out Pa.-based behavioral measurement device maker Coulbourn Instruments.

HBIO logo

Harvard Bioscience Inc. (NSDQ:HBIO) added another company to its list of 20 subsidiaries.

The Holliston, Mass.-based life sciences instrument maker acquired Lehigh Valley, Pa.-based behavioral measurement product manufacturer Coulbourn Instruments.

Pressure BioSciences to help develop oil spill clean-up technology

August 23, 2010 by MassDevice staff

Lawrence Berkeley National Laboratory scientists will analyze oil-degrading microorganisms using Pressure BioSciences Inc.'s high-pressure lab equipment.

PBIO logo

Pressure BioSciences Inc.'s (NSDQ:PBIO) high pressure laboratory sample preparation systems are headed to the Lawrence Berkeley National Laboratory to help scientists better understand the microorganisms that inhabit naturally occurring oil plumes.

The researchers hope that increased understanding of oil-degrading microbes will lead to more environmentally sound tactics for cleaning up oil spills.

LBNL post-doctoral fellow Olivia Mason said the researchers are attempting to determine the microbes' role in bio-remediation of deep-sea oil plumes.

Thermo Fisher opens tech center in China

August 18, 2010 by MassDevice staff

On the heels of announcing plans to close its Providence, R.I., facility, Thermo Fisher expands its engineering footprint in China.

TMO logo

Thermo Fisher Scientific Inc. (NYSE:TMO) opened a technology-focused facility in Shanghai, China.

The center is staffed by engineers and support staff to serve the Waltham, Mass.-based lab instruments maker's life science, environmental monitoring and consumer product safety businesses in China, according to the company.

The expansion into the People's Republic came days after the company's announcement of the planned shuttering of its East Providence, R.I. plant. The closure will force the company to lay-off at least 65 employees.

Pressure BioSciences nearly doubles Q2 revenues, but losses rise

August 18, 2010 by MassDevice staff

Pressure BioSciences Inc.'s second-quarter sales rose 49 percent, but net losses rose 9 percent.

PBIO logo

Pressure BioSciences Inc. (NSDQ:PBIO) saw revenues nearly double during the second quarter, but net losses increased by 9.0 percent.

The Easton, Mass.-based pressure cycling equipment maker posted a net loss of $925,000, or 35 cents per diluted share, on sales of $402,000 during the three months ended June 30. That compares with net losses of $848,000, or 39 cents per share, on sales of $270,000 during the same period last year.

Bruker buys Veeco's metrology business for $229 million

August 17, 2010 by MassDevice staff

Bruker Corp. adds Veeco Instruments Inc.'s metrology business to its nano instruments segment, agreeing to pay $229 million.

BRKR, VECO logos

Bruker Corp. (NSDQ:BRKR) agreed to pay $229 million for Veeco Instruments Inc.'s (NSDQ:VECO) metrology business.

Plainville, N.Y.-based Veeco said its metrology business, which makes atomic force microscopes and optical measuring equipment, will be rolled into Billerica, Mass.-based Bruker's nano instruments business.

Microfluidics posts another profitable quarter

August 10, 2010 by MassDevice staff

Microfluidics International Corp. swings from net losses to profits during the second quarter on a 30 percent boost to its top line.

MFLU logo

Microfluidics International Corp. (OTC:MFLU) marked its fourth consecutive profitable quarter, posting a 30.1 percent increase to its top line during the three months ended June 30.

The Newton, Mass.-based material-processing tools maker reported net income of $143,000, or 1 cent per diluted share, on sales of $4.5 million for the quarter. That compares with a net loss of $177,000, or 2 cents per diluted share, on sales of $3.5 million during Q2 2009.

Bruker taps Charles Wagner for board

August 9, 2010 by MassDevice staff

Bruker Corp. adds former Millipore CFO Charles Wagner to its board of directors and audit committee.

BRKR logo

Bruker Corp. (NSDQ:BRKR) elected Charles Wagner to its board of directors and audit committee.

The former Millipore (NYSE:MIL) CFO was also elected to the board of Bruker subsidiary Bruker Energy & Supercon Technologies Inc.

Wagner left his former post when Merck KGaA (NYSE:MRK) closed its $6 billion deal to acquire Billerica, Mass.-based Millipore.

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