Thermo Fisher Completes Ahura Scientific Purchase

Thermo Fisher Scientific Inc. (NYSE: TMO) has completed its previously-announced acquisition of Ahura Scientific Inc., a Wilmington, Mass.-based developer of optical systems for the detection of unknown and suspect substances. The deal was valued at $145 million in cash, plus an undisclosed amount of earnouts based on 2010 financial milestones. Ahura Scientific had raised nearly $30 million, from firms like ARCH Venture Partners, Castile Ventures, Fuse Capital (fka ComVentures) and GF Private Equity.

2 March 2010•2 mins read
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