Add-on Acquisition • Medical Products

Life Technologies Acquires BioTrove

On December 21, 2009, Life Technologies acquired medical products company BioTrove

Acquisition Context
  • This is Life Technologies’ 1st transaction in the Medical Products sector.
  • This is Life Technologies’ 9th transaction in the United States.
  • This is Life Technologies’ 3rd transaction in Massachusetts.

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M&A Deal Summary

Date December 21, 2009
Target BioTrove
Sector Medical Products
Buyer(s) Life Technologies
Deal Type Add-on Acquisition

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 9 of 16
Sector: Medical Products 1 of 3
Type: Add-on Acquisition 7 of 13
State: Massachusetts 3 of 3
Country: United States 9 of 13
Year: 2009 1 of 1
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
2010-01-12 AcroMetrix

Benicia, California, United States

AcroMetrix is a developer and manufacturer of controls and standards for molecular diagnostic tests, offering many molecular, serological, and genomic products.

Buy -