Thermo Fisher Scientific Signs Agreement to Acquire Innovator in Miniature NMR Spectrometers, picoSpin
December 21, 2012
WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science,
announced today that it has completed a purchase of Boulder, Colo.-based picoSpin, LLC, creators of the world’s first
miniature nuclear magnetic resonance (NMR) spectrometer.
In 2010, picoSpin introduced the picoSpin-45, the world’s first miniature NMR spectrometer, offering the capabilities of larger
spectrometers in a much more affordable, shoebox-sized unit. The device is ideally suited for academic, industrial and research
applications where the cost, space and maintenance requirements make typical NMR spectroscopy impractical. The innovative design
for the device—making it 70 times smaller than other devices of its type—earned it a 2012 R&D 100 Award from R&D Magazine
The acquisition of picoSpin augments Thermo Fisher’s portfolio of spectroscopy solutions, ranging from complementary FT-IR
and UV-Vis spectroscopy to full-scale gas, liquid, isotope ratio and inductively coupled plasma mass spectrometers.
The acquisition also allows Thermo Fisher Scientific to expand its array of analytical tools available to undergraduate
and graduate chemistry laboratories, as well as analytical quality assurance and quality control laboratories in industry.
“Adding picoSpin’s unique product offerings to our existing capabilities in spectroscopy enables us to offer an even broader
suite of chemical analysis,” said John Sos, vice president and general manager, molecular spectroscopy, Thermo Fisher Scientific.
“Bringing NMR capabilities to new markets where its practicality has been limited represents significant value for our customers.”
picoSpin will be integrated primarily into the company’s chemical analysis business within the Analytical Technologies Segment.
The company does not expect this transaction to have a material impact on its 2012 financial results.
About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. is the world leader in serving science. Our mission is to enable our customers to make
the world healthier, cleaner and safer. With revenues of $12 billion, we have approximately 39,000 employees and serve customers
within pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and
government agencies, as well as in environmental and process control industries. We create value for our key stakeholders through
three premier brands, Thermo Scientific, Fisher Scientific and Unity™ Lab Services, which offer a unique combination of innovative
technologies, convenient purchasing options and a single solution for laboratory operations management. Our products and services
help our customers solve complex analytical challenges, improve patient diagnostics and increase laboratory productivity.
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