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Business
PerkinElmer To Buy Two Software Firms
by Michael McCoy
March 28, 2011
| A version of this story appeared in
Volume 89, Issue 13
In a bid to enhance its focus on laboratory knowledge management, PerkinElmer has acquired ArtusLabs and has signed an agreement to acquire CambridgeSoft. PerkinElmer is paying a total of about $220 million for the companies, both of which provide data mining and management software to pharmaceutical and related industries. PerkinElmer anticipates that CambridgeSoft and ArtusLabs will have combined revenues this year of about $65 million. PerkinElmer CEO Robert F. Friel says the two companies are complementary and will also mesh well with his firm’s existing OneSource laboratory management service.
The power is now in your (nitrile gloved) hands
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