- Thermo Fisher Scientific
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-Infobox_Company
company_name = Thermo Fisher Scientific
company_
company_type = Public (NYSE|TMO)
company_slogan = The world leader in serving science
foundation =2006 by Merger ofThermo Electron andFisher Scientific
location = Waltham, Massachusetts, USA
key_people =Marijn Dekkers , President and CEO
num_employees = 30,000 (2007 )
industry = Conglomerates
products = Analytical instruments, equipment, reagents and consumables, software and services for research, manufacturing, analysis, discovery and diagnostics
revenue = profit$9.75 Billion USD (2007 )
net_income = profit$168.9 Million USD (2006 )
homepage = [http://www.thermofisher.com/ www.thermofisher.com]Thermo Fisher Scientific is a large
life sciences supply company that was created in 2006 by themerger ofThermo Electron andFisher Scientific .Predecessors and merger
Thermo Electron was founded in 1956 byGeorge Hatsopoulos , an MIT PhD inmechanical engineering . [http://web.mit.edu/newsoffice/founders/Thermo.html Company founding] It focused on providing analytical and laboratory products and services, and had revenues of over $2 billion in 2004. [ [http://finance.google.com/finance?fstype=ii&q=NYSE:TMO Financial Statements for Thermo Fisher Scientific Inc. - Google Finance ] ]Fisher Scientific was founded in 1902 byChester G. Fisher . It focused on providing laboratory equipment, chemicals, supplies and services used in healthcare, scientific research, safety, and education. [ [http://ir.thermofisher.com/phoenix.zhtml?c=89145&p=irol-homeProfile Thermo Fisher Scientific : Corporate Profile ] ]On
May 14 ,2006 , Thermo Electron and Fisher Scientific announced that they would merge in a tax-free, stock-for-stock exchange; the merged company was namedThermo Fisher Scientific . On November 9, 2006, the companies announced that the merger had been completed. [ [http://ir.thermofisher.com/phoenix.zhtml?c=89145&p=irol-newsArticle&ID=929319&highlight= Merger of Thermo Electron and Fisher Scientific Completed, Forming Thermo Fisher Scientific] , press release, November 9, 2006] However, theFederal Trade Commission ruled that this acquisition was anticompetitive with regard tocentrifugal evaporator s, requiring Fisher to divestGenevac . [ [http://www.ftc.gov/os/caselist/0610187/0610187dopublic.pdf Merger of Thermo and Fisher anticompetitive] , FTC Ruling] In April 2007,Genevac was sold to Riverlake Equity Partners LP [http://www.riverlakepartners.com/] and the merger closed with FTC approval. [ [http://www.ftc.gov/opa/2007/03/fyi07230.htm FTC consent to Genevac divestiture] , FTC news release]Currently, the company's products are sold under the brand names of both Thermo Scientific and Fisher Scientific. According to company figures, 46% of its sales are in
life sciences , 20% inhealthcare , and 34% in industrial/environmental and safety. [ [http://ir.thermofisher.com/phoenix.zhtml?c=89145&p=irol-homeProfile Thermo Fisher Scientific : Corporate Profile ] ]Thermo Fisher is a global worldwide company with offices and operations in most countries around the world, most notably in the USA, mainland europe and the UK.
Products
References
External links
* [http://fisherhealthcare.dirxion.com Fisher HealthCare Clinical Catalog - The Digital Edition]
* [http://fisherhealthcare.dirxion.com Fisher HealthCare Rapid Diagnostics Catalog - The Digital Edition]
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