PerkinElmer (NYSE:[[ticker:PKI]]), the Waltham, MA-based provider of products and services focused on the health and safety of people and the environment, said today that it has inked a definitive agreement to acquire CambridgeSoft of Cambridge, MA. In related news, PerkinElmer has completed its buyout of ArtusLabs, based in Research Triangle Park, NC. PerkinElmer says that the initial aggregate purchase price for the two companies is about $220 million, and the new acquisitions are expected to expand the buyer’s software and informatics offerings. Together, CambridgeSoft and ArtusLabs are expected to generate 2011 revenue of $65 million. PerkinElmer chief executive Rob Friel told me that the company planned to make some acquisitions when I spoke to him in September.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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