Thermo Electron Corporation

Fate	Merged
Successor	Thermo Fisher Scientific
Founded	1956
Defunct	2006
Headquarters	Waltham, Massachusetts
Products	Analytical and scientific products and services
Employees	11,000

Thermo Electron Corporation (TMO (NYSE)) (incorporated 1956) was a major provider of analytical instruments and services for a variety of domains.

Thermo had revenues of over $2 billion, and employed 11,000 people in 30 countries.

On May 14, 2006, Thermo and Fisher Scientific announced that they would merge in a tax-free, stock-for-stock exchange; the merged company will be named Thermo Fisher Scientific. On November 9, 2006, the companies announced that the merger had been completed.^[1] However, the Federal Trade Commission ruled that this acquision was anticompetitive with regard to centrifugal evaporators, requiring Fisher to divest Genevac.^[2] In April 2007, Genevac was sold to Riverlake Equity Partners LP [1] and the merger closed with FTC approval.^[3]

[edit] Notes

1. ^ Merger of Thermo Electron and Fisher Scientific Completed, Forming Thermo Fisher Scientific, press release, November 9, 2006
2. ^ Merger of Thermo and Fisher anticompetitive, FTC Ruling
3. ^ FTC consent to Genevac divestiture, FTC news release

[edit] External links

• Names of Former Companies Now Part of Thermo Electron
• History of company founding