Please ensure Javascript is enabled for purposes of website accessibility

Tech company to sell subsidiary for $925 million

Gatan manufactures instrumentation and software for electron microscopes.


  • By
  • | 2:24 p.m. June 29, 2018
  • | 0 Free Articles Remaining!
Sarasota-based technology company Roper Technologies.
Sarasota-based technology company Roper Technologies.
  • Manatee-Sarasota
  • Share

SARASOTA — Thermo Fisher Scientific Inc. announced it will acquire Gatan Inc., a subsidiary of Sarasota-based technology company Roper Technologies Inc., for approximately $925 million in cash. 

Gatan manufactures instrumentation and software for electron microscopes. According to a press release, it has about 320 employees globally. It is headquartered in Pleasanton, Calif., with manufacturing operations in Warrendale, Penn. The release says Gatan is expected to generate approximately $150 million in revenue in 2018.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
 
Introductory Offer
$1/week
 
Annual Subscription
$75/year

Latest News