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Fisher Scientific International, Inc. (NYSE: FSH [1]) was a laboratory supply and biotechnology company that provided products and services to the global scientific research and clinical laboratory markets until its merger with Thermo Electron in 2006, after which it became Thermo Fisher Scientific.
Thermo Fisher Scientific Inc. is an American life, science and clinical research company. It is a global supplier of analytical instruments, clinical development solutions, specialty diagnostics, laboratory, pharmaceutical and biotechnology services.
Arvin Smith joined the company in 1970, and was President from January 1998. [3] On May 14, 2006, Thermo and Fisher Scientific announced that they would merge in a tax-free, stock-for-stock exchange. The merged company became Thermo Fisher Scientific. On November 9, 2006, the companies announced that the merger had been completed. [4]
The company attributed the growth to a diversification of its clientele. [8] On May 27, 2016, Thermo Fisher Scientific Inc. announced [9] its acquisition of FEI Company for US$4.2 billion, which commenced in early 2017. [10] At the time of the transaction, FEI had more than 2700 employees in over 20 countries. [11]
[citation needed] In November 2006, Thermo Electron and Fisher Scientific International merged to form Thermo Fisher Scientific (TFS). [2] [better source needed] Today, the company formerly known as Pierce Chemical Company and Pierce Biotechnology Inc. is the TFS research and development division, "Thermo Scientific Pierce Protein Biology". [3]
The latter was acquired by Thermo Fisher Scientific in 2014. Prior to 2008, the Applied Biosystems brand was owned by various entities in a corporate group parented by PerkinElmer. The roots of Applied Biosystems trace back to GeneCo (Genetic Systems Company), a pioneer biotechnology company founded in 1981 in Foster City, California. [1]