IDEX Corporation acquired Innovadyne for $3.3 million (cash), a transaction completed in November 2008, structured as all cash (stock acquisition).
Innovadyne operates in Health & Science Technologies. Provider of nanoliter dispensing instruments for the life sciences industry; products used for assay miniaturization across High Throughput Screening, Assay Development, PCR/Sequencing and Protein Crystallography.
Health & Science Technologies segment
On November 14, 2008, the Company acquired the stock of Innovadyne, a provider of nanoliter dispensing instruments for the life sciences industry.
Advisory firms were not disclosed for this transaction.