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PerkinElmer Buys Analytica Of Branford

Posted on: Wed, 06 May 2009 04:04:00 EDT

Symbols: PKI

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May 06, 2009 (FinancialWire via COMTEX) --
PKI | Quote | Chart | News | PowerRating -- (Comment on this article at http://www.financialwire.net/2009/05/06/perkinelmer-buys-analytica-of-branford/)

May 6, 2009 (FinancialWire) -- PerkinElmer, Inc. (NYSE: PKI | Quote | Chart | News | PowerRating) has acquired Analytica of Branford, Inc., a producer of mass spectrometry and ion source technology. Terms of the acquisition were not disclosed.

The company said that the acquisition is part of its plans to grow its human and environmental health portfolio. Analytica's mass spectrometry technology is used to profile medically relevant materials in drug discovery and molecular diagnostics. The technology is also used in environmental detection and analysis and industrial monitoring.

Areas of mass spectrometry technology applications include environmental analysis, pharmaceutical and nutraceutical materials analysis, forensics and food safety.

PerkinElmer said it will integrate Analytica's current manufacturing operations into its Shelton, Connecticut facility, while utilizing Analytica's existing Branford, Connecticut facility for R&D projects. Analytica founder Craig Whitehouse will become an employee of PerkinElmer and oversee PerkinElmer's MS R&D operations, according to a PerkinElmer statement.

Waltham, Massachusetts-based PerkinElmer is a health and industrial sciences firm that reported revenue of around $2 billion in 2008, and has around 8,500 employees serving customers in more than 150 countries.

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