Thermo Fisher Scientific:
Thermo Fisher Scientific
|
 |
| Type |
Public (NYSE: TMO) |
| Founded |
2006 by Merger of Thermo Electron and Fisher Scientific |
| Headquarters |
Waltham, Massachusetts, USA |
| Key people |
Marijn Dekkers, President and CEO |
| Industry |
Conglomerates |
| Products |
Analytical instruments, equipment, reagents and consumables, software and services for research, manufacturing, analysis, discovery and diagnostics |
| Revenue |
▲$9.75 Billion USD (2007) |
| Net income |
▲$168.9 Million USD (2006) |
| Employees |
30,000 (2007) |
| Website |
www.thermofisher.com |
Thermo Fisher Scientific is a large life sciences supply company that was created in 2006 by the merger of Thermo Electron and Fisher Scientific.
[edit] Predecessors and merger
Thermo Electron was founded in 1956 by George Hatsopoulos, an MIT PhD in mechanical engineering.[1] It focused on providing analytical and laboratory products and services, and had revenues of over $2 billion in 2004. [2]
Fisher Scientific was founded in 1902 by Chester G. Fisher. It focused on providing laboratory equipment, chemicals, supplies and services used in healthcare, scientific research, safety, and education.[3]
On May 14, 2006, Thermo Electron and Fisher Scientific announced that they would merge in a tax-free, stock-for-stock exchange; the merged company was named Thermo Fisher Scientific. On November 9, 2006, the companies announced that the merger had been completed.[4] However, the Federal Trade Commission ruled that this acquisition was anticompetitive with regard to centrifugal evaporators, requiring Fisher to divest Genevac.[5] In April 2007, Genevac was sold to Riverlake Equity Partners LP [1] and the merger closed with FTC approval.[6]
Currently, the company's products are sold under the brand names of both Thermo Scientific and Fisher Scientific. According to company figures, 46% of its sales are in life sciences, 20% in healthcare, and 34% in industrial/environmental and safety.[7]
Thermo Fisher is a global worldwide company with offices and operations in most countries around the world, most notably in the USA, mainland europe and the UK.
[edit] Products
For products of Thermo Fisher Scientific please visit [2] and [3]
[edit] References
[edit] External links
|
