Thermo Fisher Scientific Inc. (NYSE: TMO) will spend at least $145 million to buy handheld spectrometer maker Ahura Scientific.
The Waltham, Mass.-based lab equipment and services provider said it agreed to acquire Ahura for $145 million in cash plus a possible earn-out payment if Ahura meets certain 2010 financial targets. Ahura makes portable chemical detection devices designed for use outside of the lab.