PerkinElmer - a global provider of end-to-end solutions

Stocks_Pedia
2022-10-09

Hey, this is Stock_Pedia.

I would like to introduce some unfamiliar companies that may be of some help to your investments.

The company I’m going to introduce is PerkinElmer$PerkinElmer(PKI)$ .

It went public on 13 December, 1960., and traded on the New York Stock Exchange under the ticker symbol PKI.

[Company Profile]

PerkinElmer, Inc., previously styled Perkin-Elmer, is an American global corporation focused in the business areas of diagnostics, life science research, food, environmental and industrial testing. It operates through two segments, Discovery & Analytical Solutions and Diagnostics.

PerkinElmer produces analytical instruments, genetic testing and diagnostic tools, medical imaging components, software, instruments, and consumables for multiple end markets. Its capabilities include detection, imaging, informatics, and service.

PerkinElmer, inc. was founded in 1937 and is headquartered in Waltham, Massachusetts. The company is part of the S&P 500 Index and operates in 190 countries.

[History & Events]

In 1937, Perkin-Elmer was Founded by Richard Perkin and Charles Elmer in Manhattan.

In 1942, Perkin-Elmer becomes the first optical instrument maker to win a Navy "E" (for Excellence).

In 1967, the United States Air Force approached Perkin-Elmer asking them if they could produce an all-optical "masking" system for semiconductor fabrication.

In 1971, Perkin-Elmer acquired METCO Inc.

In 1973, Perkin-Elmer ntroduced the Micralign projection mask aligner, designed to facilitate the production of semiconductors.

In 1975, Perkin-Elmer brought out an infrared spectrometer controlled by a microprocessor; a decade later, the company offered augmented automation by use of robotics.

In 1977, Perkin-Elmer receives a contract to develop the Hubble Space Telescope for NASA.

In 1985, the computing division of PerkinElmer was spun off as Concurrent Computer Corporation.

In 1986, Perkin formed a joint venture with biotech specialist Cetus Corporation.

In 1988, Perkin-Elmer brought the anticipated rebound, with profits of $72 million.

In 1991, Cetus was acquired by Chiron Corp. after selling its PCR technology to major drug producer Hoffmann-La Roche.

In 1992, Perkin-Elmer merged with Applied Biosystems.

In 1995, Perkin-Elmer was restructured into two distinct groups: Analytical Instruments and Applied Biosystems.

In 1997, they merged with PerSeptive Biosystems.

In 1999, The Analytical Instruments division is sold to EG&G Inc. EG&G changes its name to PerkinElmer Inc.

In 2001, PerkinElmer purchased the Boston operations of NEN Life Sciences.

In 2005, PerkinElmer set plans in motion to jettison its fluid sciences business unit.

In 2006, PerkinElmer sold off the Fluid Sciences division to increase the strategic focus on its higher-growth health sciences and photonic markets.

In 2007, PerkinElmer had a license to use the brand till the end of year 2007.

In 2007, PerkinElmer purchased ViaCell, Inc. for US$300 million, which included its offices in Boston and cord blood storage facility in Kentucky near Cincinnati.

In 2008, PerkinElmer purchased Pediatrix Screening (formerly Neo Gen Screening), specializing in screening newborns for various inborn errors of metabolism such as phenylketonuria, hypothyroidism, and sickle-cell disease.

In 2011, PerkinElmer bought Caliper Life Sciences for US$600 million.

In 2016, PerkinElmer acquired Swedish firm Vanadis Diagnostics.

In 2017, the company announced it would acquire the Indian in vitro diagnostic company, Tulip Diagnostics.

In 2018, the company acquired Australian biotech company, RHS Ltd., Chinese manufacturer of analytical instruments, Shanghai Spectrum Instruments Co.

In 2020, PerkinElmer announced it would acquire Horizon Discovery Group for around US$383 million.

In 2021, PerkinElmer acquired Oxford Immunotec Global PLC (Oxford Immunotec).

In 2021, the company announced it would purchase Nexcelom Bioscience,Immunodiagnostic Systems Holdings PLC,SIRION Biotech and BioLegend.

[Main Business Segments]

[Net Income & Total Revenue]

​ [Competitors]

Sartorius$Sartorius AG(SARTF)$

Mettler-Toledo$Mettler-Toledo(MTD)$

Agilent$Agilent(A)$

Thermo Fisher Scientific$Thermo Fisher Scientific(TMO)$

Beckman Coulter

Waters$Waters(WAT)$

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Comments

  • CYKuan
    2022-10-09
    CYKuan
    thanks for sharing [Like]
  • Woobenny
    2022-10-10
    Woobenny
    This company is a familiar face in academia.
  • RKT
    2022-10-10
    RKT
    Good sharing. Thnx
  • Alubin
    2022-10-09
    Alubin
    thanks for sharing
  • xiaochoochoo
    2022-10-11
    xiaochoochoo
  • GerryLoh
    2022-10-10
    GerryLoh
    good sharing thanks
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