Bruker Acquires Nanophoton, A Company Focused On Advanced Research Raman Microscopy Systems; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Bruker Corporation has acquired Nanophoton, a company specializing in Raman microscopy systems for academic and industrial research, primarily in Japan. Nanophoton, based in Osaka, reported revenues of around $5 million in 2023 and was near break-even. Financial details of the acquisition were not disclosed.
February 07, 2024 | 12:18 pm
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Bruker Corporation's acquisition of Nanophoton could enhance its product offerings in Raman microscopy, a niche but growing segment in research applications.
The acquisition of Nanophoton by Bruker Corporation is likely to have a positive short-term impact on BRKR's stock price. Nanophoton's expertise in Raman microscopy systems complements Bruker's existing product lineup, potentially opening new markets and enhancing its competitive edge in the research sector. Although financial terms were not disclosed, Nanophoton's reported revenue of $5 million in 2023 and its break-even status suggest a strategic acquisition rather than a financial burden. This move could be viewed positively by investors as an expansion of Bruker's technological capabilities and market reach.
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