Navigation Links
Applied Precision Announces Sale of Life Sciences Business Unit to Senior Management and Telegraph Hill Partners
Date:5/5/2008

ISSAQUAH, Wash., May 5 /PRNewswire/ -- Applied Precision(R) LLC, a leading provider of imaging, measurement and analysis systems for the life sciences Industries, today announced the sale of its Life Sciences business unit to a group led by Senior Management and Telegraph Hill Partners of San Francisco. The resulting company, Applied Precision, Inc., will be headquartered in its current Seattle area facilities in Issaquah, WA. Ron Seubert will continue as CEO and Chairman, Joe Victor as President, and Steve Reichenbach as Chief Financial Officer of the new Applied Precision. Applied Precision LLC previously sold its Semiconductor division in December, 2007 to Rudolph Technologies, Inc.

"I am thrilled to have the opportunity to continue to lead Applied Precision in this next phase completely focused on our products in the Life Sciences and OEM markets," said Seubert. "Our collaboration with Telegraph Hill Partners provides a breadth of experience in the life sciences industries that will be extremely beneficial as we expand our product lines and grow our business for the future."

"We are delighted to partner with Senior Management in the acquisition of Applied Precision," said Robert Shepler, Managing Director of Telegraph Hill Partners. "Applied Precision has a great reputation for technology and innovation and we look forward to building on these core strengths and helping the team bring their products to a wider audience in the Life Science marketplace."

Effective April 29, 2008, Applied Precision, Inc acquired all of the assets of the Life Sciences business unit of Applied Precision LLC including the DeltaVision(R) product line focused on microscopy based imaging systems and its OEM products including the arrayWoRx(R) scanner platform and precision control solutions.

About Applied Precision, Inc.

Applied Precision is a leading provider of imaging, measurement and analysis systems for the life sciences industries and OEM markets. Headquartered just outside of Seattle, Washington with sales centers in both Europe and Asia, Applied Precision has received multiple awards for its innovative new products. The company has also received recognition for its financial growth and is a five-time winner of the Deloitte & Touche Washington State Technology Fast 50 award. More information about Applied Precision is available at: http://www.appliedprecision.com.

About Telegraph Hill Partners

Telegraph Hill Partners invests in life science, medical device and healthcare companies with meaningful commercial revenues, superior economic business models, outstanding management teams and a commitment to profitability. For more information, visit http://www.thpartners.net.


'/>"/>
SOURCE Applied Precision LLC
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Iomai Study Shows Self-Applied Travelers Diarrhea Vaccine Patch Comparable to Clinician-Applied Vaccine Patch
2. ITRAC on track and bridging gap between academic research and applied discovery
3. Precision Therapeutics Adds 8 Million Covered Lives Under Contract
4. Oracle Healthcare Acquisition Corp. and Precision Therapeutics, Inc. Mutually Terminate Merger Agreement; Oracle Healthcare Acquisition Corp. Cancels Special Meeting
5. Oracle Healthcare Acquisition Corp. and Precision Therapeutics, Inc. Agree in Principle to Amend Merger Agreement to Reduce Consideration by 15%
6. Precision Optics Corporation Announces First Quarter Results and Receipt of Significant New Order
7. New Generation Xcelodose(R)S Precision Drug Powder Micro-filling System Offers 50% Increased Throughput
8. Varian Medical Systems to Unveil RapidArc(TM) Volumetric Arc Therapy and Other Products Designed to Speed Delivery of Precision Radiotherapy and Brachytherapy
9. Precision Optics Corporation Announces Fourth Quarter and Year End Results With Highest Revenues in Six Years
10. Making the Outdoors Safer for Communities: the American Academy of Dermatology Announces 2008 AAD Shade Structure Program Grant Recipients
11. Herley Announces Settlement Agreement with U.S. Government
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/13/2016)... ... February 13, 2016 , ... The producers of Enterprises TV ... , The increasingly modern world of instantaneous consumption proves very convenient for businesses. ... such as oil and coal, which pollutes our air, water, and soil. It can ...
(Date:2/13/2016)... , ... February 13, 2016 , ... ... Outlook’s top Clinical Data Management Solution Providers list for its expertise in eClinical ... and domain expertise to serve the technology needs of global clients. DDi provides ...
(Date:2/12/2016)... ... February 12, 2016 , ... ... exclusively to funding innovative lymphoma research and serving the lymphoma community through a ... 250 members of South Florida’s philanthropic community at its 10th anniversary Fashion Luncheon ...
(Date:2/12/2016)... ... ... Coco Libre, the maker of coconut water beverages with a purpose, is ... Coco Libre will offer musicians and celebrities the company’s signature Organic Coconut Water, a ... suite, held this year at the W Hollywood Hotel, has become a pre-show “must” ...
(Date:2/12/2016)... (PRWEB) , ... February 12, 2016 , ... Fisher House ... Vegas Mayor John J. Lee, Nevada Military Support Alliance president Scott Bensing, and Peggy ... at the VA Southern Nevada Healthcare System. This will be the first Fisher ...
Breaking Medicine News(10 mins):
(Date:2/11/2016)... 2016 The primary goal of this research ... on the usage of liquid biopsy. Key information the ... - Timeframe of liquid biopsy adoption amidst future users ... organization type - Sample inflow to conduct liquid biopsy ... serum, and so on. - Correlation analysis of sample ...
(Date:2/11/2016)... 11, 2016 PRO-DEX, INC. (NasdaqCM: PDEX) today announced ... 31, 2015. The Company also filed its Quarterly Report on ... with the Securities and Exchange Commission today. ... --> --> Net sales ... million, or 95%, to $5.4 million from $2.8 million for ...
(Date:2/11/2016)... -- Kindred Biosciences, Inc. (NASDAQ: KIN ), a biopharmaceutical ... pets, today announced the submission to FDA of the ... (NADA) for Zimeta™ (dipyrone injection, KIND-012).  Positive topline results ... the control of pyrexia (fever) in horses were recently ... --> The Chemistry, Manufacturing, and Controls technical ...
Breaking Medicine Technology: