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|Bruker Announces Closing of Michrom Acquisition|
FREMONT, Calif., Apr 04, 2011 (BUSINESS WIRE) -- Bruker today announced the closing of its acquisition of Michrom Bioresources, Inc. (Michrom), a 20 year old, privately owned company located in Auburn, California, after receiving unanimous Michrom shareholder approval. The acquisition is not expected to have a material effect on Bruker's 2011 financials.
All former Michrom employees have been offered employment by Bruker, and Michrom's founder, Mr. Kerry Nugent, has joined Bruker as 'Senior Vice President - Liquid Chromatography'. Michrom has been renamed 'Bruker-Michrom Inc.', and will operate out of R&D and manufacturing operations in Auburn, CA and Fremont, CA, as part of the Bruker Chemical & Applied Markets (CAM) division.
Bruker intends to invest in the further development of the proprietary CaptiveSpray(TM) Ionization (CSI) sources for LC-MS, of HPLC liquid chromatography systems, and of related novel LC accessory, software and consumables products.
In related news, the Bruker CAM division has now moved its GC-MS operations and headquarters out of the previous Varian Walnut Creek, CA facility, and into a major new Bruker Fremont facility. Activities at this expanded facility include GC-MS and LC-MS R&D and manufacturing, as well as applications development, customer demonstrations, service and training for many other Bruker scientific instruments product lines, including NMR, FTIR/Raman, life-science mass spectrometry, GC and LC separations, elemental analysis and X-ray diffraction.
About Bruker Corporation
Bruker Corporation (NASDAQ: BRKR) is a leading provider of high-performance scientific instruments and solutions for molecular and materials research, as well as for industrial and applied analysis. For more information, please visit www.bruker.com.
SOURCE: Bruker Corporation