| Thermo Electron Corporation | |
|---|---|
| Fate | Merged |
| Successor | Thermo Fisher Scientific |
| Founded | 1956 |
| Defunct | 2006 |
| Location | Waltham, Massachusetts |
| Products | Analytical and scientific products and services |
| Peak size | 11,000 employees |
Thermo Electron Corporation (TMO (NYSE)) (incorporated 1956) was a major provider of analytical instruments and services for a variety of domains. Predecessors and merger Thermo Electron was founded in 1956 by George Hatsopoulos, an MIT PhD in Mechanical engineering. Year 1956 ( MCMLVI) was a Leap year starting on Sunday (link will display full calendar of the Gregorian calendar. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. One of the early centers of the Industrial Revolution in northern America Waltham is a city in Middlesex County, Massachusetts, United States
Thermo had revenues of over $2 billion, and employed 11,000 people in 30 countries.
On May 14, 2006, Thermo and Fisher Scientific announced that they would merge in a tax-free, stock-for-stock exchange; the merged company will be named Thermo Fisher Scientific. Events 1264 - Battle of Lewes: Henry III of England is captured in France making Simon de Montfort the Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Fisher Scientific, formally Fisher Scientific International Inc Predecessors and merger Thermo Electron was founded in 1956 by George Hatsopoulos, an MIT PhD in Mechanical engineering. On November 9, 2006, the companies announced that the merger had been completed. [1] However, the Federal Trade Commission ruled that this acquision was anticompetitive with regard to centrifugal evaporators, requiring Fisher to divest Genevac. The Federal Trade Commission ( FTC) is an independent agency of the United States government, established in 1914 by the Federal Trade Commission Act A centrifugal evaporator is a device used in chemical and biochemical laboratories for the efficient and gentle evaporation of solvents from many samples at the same time and samples contained Genevac Ltd is a company which was founded in 1990 by Michael Cole [2] In April 2007, Genevac was sold to Riverlake Equity Partners LP [1] and the merger closed with FTC approval. Genevac Ltd is a company which was founded in 1990 by Michael Cole [3]
Notes
- ^ Merger of Thermo Electron and Fisher Scientific Completed, Forming Thermo Fisher Scientific, press release, November 9, 2006
- ^ Merger of Thermo and Fisher anticompetitive, FTC Ruling
- ^ FTC consent to Genevac divestiture, FTC news release
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