InnaPhase Finalizes Acquisition of Beckman Coulter’s Laboratory Automation Operations
InnaPhase Corporation has closed the transaction with Beckman Coulter to acquire Beckman Coulter’s Laboratory Automation Operations (LAO) that was announced in May of this year. Details of the cash transaction were not disclosed. The acquisition expands InnaPhase Corporation’s portfolio of pharmaceutical solutions.
The transaction is also an important element of InnaPhase Corporation’s pharmaceutical enterprise software strategy. Pharmaceutical accounts represent more than half of the LAO user base; the market norm for other LIMS vendors is only 17%. InnaPhase develops LIMS solutions vertically, specifically for markets such as the Pharmaceutical industry. In 2004, InnaPhase Corporation will release Thompson for non-Pharmaceutical users, which will specifically address their information management needs.
“When we made the decision to divest this business, we placed great importance in finding a partner who would ensure a secure future for our customers,” said James Harris, vice president/director of Beckman Coulter’s Biomedical Research Division. “We performed an extensive search, and determined that InnaPhase was that company.”
The Beckman Coulter’s Laboratory Automation Operations systems are installed in over 1,600 laboratories worldwide and are seamlessly integrated with other Enterprise Resource Planning systems (ERPs) such as SAP, SSA, BPCS, Maracm Prism, Documentum, and MFG Pro etc. The vast majority of these installations are in the pharmaceutical industry.”The addition of Beckman Coulter’s Laboratory Automation Operations expands our customer base and broadens our expertise in the pharmaceutical enterprise software marketplace specifically in the chromatography sector,” said Jo Webber, Ph.D., president and chief executive officer of InnaPhase Corporation. “Both organizations share many synergies, including innovative software technologies, high emphasis on customer support and services as well as cultural and business philosophies.”
