Bio Screening Industry News

August 5, 2005

Fisher acquires Oakland company

Filed under: North America, Mergers and Acquisitions — admin @ 1:40 pm

Cellomics Inc., hailed as one of Pittsburgh’s most promising life science start-up companies, has been acquired by Fisher Scientific International Inc., a firm with century-old Pittsburgh roots.

Hampton, N.H.-based Fisher, a maker of laboratory equipment, has been pushing aggressively into the life science arena with several acquisitions in recent years.

Fisher Scientific said it will pay $49 million for Cellomics, which had 2004 revenue of $13 million.

“We plan to build on what’s there in Pittsburgh,” said Fisher spokeswoman Gia L. Oei. The deal is expected to close later this month. Cellomics will continue to operate under that name as a Fisher subsidiary, she said.

Tribune-Review

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