M&A Deal Summary

Life Technologies Acquires Applied Biosystems

On November 1, 2008, Life Technologies acquired information technology company Applied Biosystems from Invitrogen

Acquisition Highlights
  • This is Life Technologies’ 2nd transaction in the Information Technology sector.
  • This is Life Technologies’ 8th transaction in the United States.
  • This is Life Technologies’ 5th transaction in California.

M&A Deal Summary

Date 2008-11-01
Target Applied Biosystems
Sector Information Technology
Buyer(s) Life Technologies
Sellers(s) Invitrogen
Deal Type Divestiture

Target

Applied Biosystems

Foster City, California, United States
Applied Biosystems, Inc. is a provider of technology services for pharmaceutical industry.

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Buyer(S) 1

Buyer

Life Technologies

Carlsbad, California, United States

Category Company
Sector Test/Measurement Equipment
Employees10,000
Revenue 3.8B USD (2012)
DESCRIPTION

Life Technologies Corporation is a global biotechnology company that is committed to providing the most innovative products and services to leading customers in the fields of scientific research, genetic analysis and applied sciences. With a presence in more than 180 countries, the company's portfolio of 50,000 end-to-end solutions is secured by more than 5,000 patents and licenses that span the entire biological spectrum – scientific exploration, molecular diagnostics, 21st century forensics, regenerative medicine and agricultural research.


DEAL STATS #
Overall 8 of 16
Sector: Information Technology M&A 2 of 3
Type: Divestiture M&A Deals 2 of 2
State: California M&A 5 of 8
Country: United States M&A 8 of 13
Year: 2008 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-01 Invitrogen

Carlsbad, California, United States

Invitrogen Corp. develops, manufactures and markets research tools in kit form and provides other research products and services to corporate, academic and government entities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-21 BioTrove

Woburn, Massachusetts, United States

BioTrove, Inc. is a developer of micro and nano-scale technology platforms for life science and drug discovery research applications.

Buy -

Seller(S) 1

SELLER

Invitrogen

Carlsbad, California, United States

Category Company
Sector Life Science
DESCRIPTION

Invitrogen Corp. develops, manufactures and markets research tools in kit form and provides other research products and services to corporate, academic and government entities.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-11 Applied Biosystems

Foster City, California, United States

Applied Biosystems, Inc. is a provider of technology services for pharmaceutical industry.

Buy $7M