Leica acquire professional#

The replay will be available through Friday, July 8, 2005.ĭanaher Corporation is a leading manufacturer of Professional Instrumentation, Industrial Technologies, and Tools and Components.

Leica acquire code#

A telephone replay will be available by dialing (800) 642-1687, ID Code 7411445. Eastern Time to discuss this transaction. Earnings per share accretion in 2006 is expected to be approximately $0.03.ĭanaher will hold a brief conference call today at 8:30 a.m. The company expects minimal earnings per share accretion in 2005.

The acquisition is subject to regulatory approval and customary closing conditions and is expected to close in the third quarter. Leica Microsystems is represented in over 100 countries with 10 manufacturing facilities located in Europe, China and Singapore, sales and service organizations in 19 countries and an international dealer network. The company manufactures a broad range of products for numerous applications that require either microscopic visual presentation, measurement, analysis or electron-beam lithography. It is a market leader in Microscopy, Pathology Diagnostics, Surgical Microscopes as well as Semiconductor wafer defect and inspection solutions and specialized electron-beam lithography systems. Headquartered in Wetzlar, Germany, Leica Microsystems is a leading global designer and producer of innovative high- precision optical systems for the analysis of microstructures, with revenues of approximately $660 million in 2004. We are pleased to have such a well-respected company become part of Danaher.' Leica Microsystems has an excellent management team, and working together we can improve the company's long-term performance and augment its growth on a global scale - both organically and through add-on acquisitions. Leica Microsystems' technology in high precision optical instrumentation and its well-known brand will extend Danaher's Professional Instrumentation segment into life sciences while complementing our existing critical care diagnostics and dental businesses. Lawrence Culp, Jr., Danaher's President and Chief Executive Officer, said: 'This transaction makes strong strategic and financial sense for both companies. The purchase price amounts to an enterprise value of approximately US $550 million, including assumed debt, pension liabilities, transaction costs and net of cash acquired. Schwartz, MD, PhD, Aperio’s chief medical officer, and consulting professor of pathology, Stanford University Medical Center, Palo Alto, Calif.Danaher Corporation announced today that it has signed a definitive agreement to purchase German-based Leica Microsystems AG from LM Investments S.a r.l.

Customers include clinicians and researchers working in hospitals, reference labs, pharma, and research institutions.ĬLP ‘s August issue, just out in print, due to be posted on the home page soon, features a cover story titled 'ePATHOLOGY: An Evolutionary Change,' authored by Jared N. Its PRECISION solution provides pathologists with easy-to-use quantitative image analysis to improve research and clinical productivity, reproducibility, and consistency. The company will continue to offer both the Aperio and the existing Leica portfolio of digital pathology solutions, so that customers can choose a solution that meets their individual needs.Īperio ePathology Solutions include whole slide scanners, a NETWORK solution that enables remote, real-time viewing and easy distribution of images for peer review, collaboration, and consultation. The integrated business will provide solutions in each step of the anatomical pathology workflow, from sample preparation and staining, to imaging and reporting. Together, the two businesses will leverage each other’s strengths to grow and expand digital pathology into the global life science and health care markets, says Leica.

Leica Biosystems, Germany, has just reported that an affiliate has entered into a definitive agreement to acquire Aperio, Vista, Calif, a provider of ePathology solutions.Īperio will be integrated into Leica Biosystems, which specializes in anatomical pathology solutions.