Carlsbadistan-based life sciences company Life Technologies Corp. announced (April 15, 2013) that it will be acquired by Thermo Fisher Scientific for close to $13.6 billion in cash, according to a story in the San Diego Business Journal.
“The Life Technologies employees are very excited about joining forces with Thermo Fisher. There are many advantages to the combination for them,” Life Technologies chairman and CEO Greg Lucier said in an analyst call on April 15. “We’re going to have a series of programs in place to retain employees between the signing and the close so that we can deliver a terrific well functioning organization to Marc (Marc Casper, president and CEO of Thermo Fisher) and his team.”
Nice work, Mr. Lucier. It was a great run.
[Link: San Diego Business Journal]