Aug 16 2007
Waters Corporation announced today the acquisition of Calorimetry Sciences Corporation, “CSC”, (Linden, UT), a manufacturer of high-performance calorimeters. The CSC business, with annual sales of approximately $4 million, will be added to Waters’ TA Instruments Division (New Castle, DE) and the transaction is expected to be neutral to Waters 2007 earnings.
Commenting on the acquisition, Terry Kelly, President of TA Instruments said, “The technologies and products from CSC will complement our recently introduced TAMTM microcalorimeter product line and will further strengthen TA Instruments’ industry-leading position in thermal analysis while increasing our exposure to the growing adoption of microcalorimetry in life science research and drug development."
Waters Corporation holds worldwide leading positions in three complementary analytical technologies - liquid chromatography, mass spectrometry, and thermal analysis. These markets account for approximately $5.0 billion of the estimated $20 - $25 billion analytical instrumentation market.
Calorimetry Sciences Corporation operated as a privately held company in Linden, Utah. Key products developed and offered by CSC include the Nano-ITCTM, an isothermal titration calorimeter designed to measure protein-ligand binding, and the Nano-DSCTM, an ultra-sensitive scanning calorimeter used for applications such as measuring the stability of proteins and other macro-molecules in dilute solutions.