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:12/6/2016)... , ... December 06, 2016 ... ... on Friday, November 25th, when SevenPoint2 released the much-anticipated HydroFX for Water®. ... eye-catching label design. Featuring one of the world’s most powerful antioxidants, molecular ...
(Date:12/6/2016)... ... December 06, 2016 , ... TopConsumerReviews.com recently gave a ... Scooters . , Mobility Scooters give freedom to people who need help getting around. ... may be facing a long period of rehabilitation after an illness or accident. There ...
(Date:12/5/2016)... ... December 05, 2016 , ... "FCPX Overlay Glare is a ... lighting effect without heavy rendering or complicated compositing," said Christina Austin - CEO of ... create an organic spectrum of lights that simulates the look of a glare. ...
(Date:12/5/2016)... GA (PRWEB) , ... December ... ... technology and security executive networking and relationship-marketing firm, announced today that nominations ... the 2017 Information Security Executive® (ISE®) Central Awards. , Awards include the ...
(Date:12/5/2016)... ... December 05, 2016 , ... Physicians Education ... Annual International Congress on Hematologic Malignancies®: Focus on Leukemias, Lymphomas, and Myeloma, on ... “We are honored to have Amy E. Herman present at this year’s conference, ...
Breaking Medicine News(10 mins):
(Date:12/5/2016)... , Dec. 5, 2016   Lexicon Pharmaceuticals, ... results today from a Phase 2 clinical study of ... Lexicon in collaboration with JDRF, the leading global organization ... of this Phase 2 clinical trial, which randomized a ... of a once-daily 400 mg dose of sotagliflozin compared ...
(Date:12/5/2016)... , December 5, 2016 According to ... Treatment modalities (Chondrocyte Transplantation, Growth Factor Technology, Tissue Scaffolds, Cell-free composites), ... by MarketsandMarkets, the market is projected to reach USD 779.8 Million ... CAGR of 13.5% during the forecast period of 2016 to 2021. ... ...
(Date:12/5/2016)... PORTLAND, Oregon and PUNE, India ... a new report by Allied Market Research, titled, "Global Cancer ... the global revenue of cancer biomarkers market is projected to ... at a CAGR of 13.3% from 2016 to 2022. Omic ... share in 2015 and is expected to maintain its dominance ...
Breaking Medicine Technology: