The new company formed by the linkurl:merger;http://www.the-scientist.com/blog/display/55092/ between life science suppliers linkurl:Invitrogen Corporation;http://phx.corporate-ir.net/phoenix.zhtml?c=61498&p=irol-newsArticle&ID=1218555&highlight= and Applied Biosystems Inc. (ABI) will sport a new name: Life Technologies. linkurl:__GenomeWeb Daily News__;http://www.genomeweb.com/issues/news/150480-1.html obtained a memo from Invitrogen CEO Greg Lucier, who wrote that the merged company would adopt the new name - it was going to stay Applied Biosystems as of earlier this month - because the word life, "truly symbolizes the promise of our combined company." The shareholders of the two companies approved the merger last week (Oct 28). Lucier added that Life Technologies is "not losing the Invitrogen or Applied Biosystems brands, which will continue to be prominently positioned as part of our brand strategy." The merger between Invitrogen and ABI will be finalized in about a month pending "antitrust clearance under the European Council Merger Regulation and other customary closing conditions," according to an ABI linkurl:release.;http://press.appliedbiosystems.com/corpcomm/applerapress.nsf/ABIDisplayPress/D1438D19729B29CA882574F00054C053?OpenDocument&type=abi
Interested in reading more?
Become a Member of
Receive full access to more than 35 years of archives, as well as TS Digest, digital editions of The Scientist, feature stories, and much more!