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Excelitas Technologies Corp. - X-Cite Vitae LB 11/24

Thermo Fisher to Acquire FEI for $4.2B

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The Thermo Fisher Scientific Inc. board of directors has approved the acquisition of electron microscopy developer FEI Co. of Hillsboro, Ore., with a purchase price of $4.2 billion. The transaction is expected to be complete by early 2017. Thermo Fisher cited FEI’s electron microscopy platform as an important addition, given the growing adoption of this technology for the study of protein structure. Thermo Fisher Scientific is a biotechnology development company. FEI designs and manufactures microscopy technology.Read full article

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    Published: June 2016
    Glossary
    electron microscope
    A device utilizing an electron beam for the observation and recording of submicroscopic samples with the aid of photographic emulsions or other short-wavelength sensors. With the electron microscope, the maximum useful magnification is over 300,000.
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