BERLIN--(BUSINESS
WIRE)--Oct. 14, 2005--Bruker AXS Inc. today announced
an agreement to acquire Roentec AG, an X-ray microanalysis
instrumentation company with annual revenues of $6-7
million, based in Berlin, Germany. Terms of the transaction
were not disclosed, but the acquisition is expected
to close in the fourth quarter of 2005.
The worldwide X-ray microanalysis market is estimated
to be greater than $150 million per year, and Bruker
AXS so far has not participated in this market segment.
Typical applications of X-ray microanalysis include
nanotechnology and advanced materials research with
customers in industry, academia and government research
facilities.
Roentec has developed a technically leading X-ray
microanalysis product line with outstanding detector
technology, fast acquisition electronics and a comprehensive,
user-friendly analysis and quantification software
suite. Roentec also has developed unique mobile systems
for the X-ray elemental microanalysis of works of
art, as well as transportable Total X-ray Reflection
(TXRF) systems for elemental trace analysis in liquids,
e.g. for environmental or beverage analysis applications.
Roentec has established good distribution and service
capabilities in certain countries, primarily in Europe.
Thomas
Schuelein, CEO of Roentec AG, stated: "We
are excited about this acquisition because we see
strong technological and distribution synergies between
Roentec and Bruker AXS in the microanalysis market.
Moreover, we believe that Bruker AXS' global distribution
capabilities can also enhance the revenue growth
for the novel mobile microXRF and TXRF systems that
we have pioneered in recent years. Being part of
the international Bruker AXS organization will enable
us to offer our customers around the globe enhanced
support and service for our innovative, high quality
products."
Dr.
Frank Burgaezy, Executive Vice President at Bruker
AXS, commented: "Roentec has pioneered advanced
detector technologies and novel methods for microanalysis,
and has a strong customer base in certain geographical
markets. However, Roentec has been distribution-limited
and at a size disadvantage relative to its larger
competitors. We believe that the innovative Roentec
technologies and product lines, further enhanced
by our technological capabilities, can offer leading
performance and comprehensive software capabilities
to X-ray microanalysis customers in materials research
worldwide."
Background on X-Ray Microanalysis Market
The X-ray microanalysis market consists of X-ray
accessories for scanning and transmission electron
microscopes, as well as of stand-alone micro X-ray
fluorescence (XRF) spectrometers. X-ray microanalysis
is considered to be one of the faster growing segments
of the overall X-ray analysis market. Bruker AXS,
a technology and market leader in X-ray diffraction
(XRD) systems for advanced materials and nanotechnology
research, in X-ray single crystal diffraction (SCD
crystallography) systems for small molecule and protein
3D structural analysis, and in X-ray fluorescence
(XRF) elemental analysis for a variety of materials
analysis and quality control applications, so far
has not participated in X-ray microanalysis, which
is a fourth important X-ray analysis market segment.
For further information, please visit www.bruker-axs.com
ABOUT BRUKER BIOSCIENCES (NASDAQ: BRKR)
Bruker BioSciences Corporation, headquartered in
Billerica, Massachusetts, is the publicly traded
parent company of Bruker AXS Inc. and Bruker Daltonics
Inc. Bruker AXS is a leading developer and provider
of life science and advanced materials research tools
based on X-ray technology. Bruker Daltonics is a
leading developer and provider of innovative life
science tools based on mass spectrometry. For more
information, please visit www.bruker-biosciences.com
CAUTIONARY STATEMENT OF BRUKER BIOSCIENCES
Any statements contained in this press release that
do not describe historical facts may constitute forward-looking
statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Any forward-looking
statements contained herein are based on current
expectations, but are subject to a number of risks
and uncertainties. The factors that could cause actual
future results to differ materially from current
expectations include, but are not limited to, risks
and uncertainties relating to the Company's reorganization
strategies, integration risks, failure of conditions,
technological approaches, product development, market
acceptance, cost and pricing of the Company's products,
changes in governmental regulations, capital spending
and government funding policies, FDA and other regulatory
approvals to the extent applicable, competition,
the intellectual property of others, patent protection
and litigation. These and other factors are identified
and described in more detail in our filings with
the SEC, including, without limitation, our annual
report on Form 10-K for the year ended December 31,
2004, our most recent quarterly reports on Form 10-Q
and our current reports on Form 8-K. We disclaim
any intent or obligation to update these forward-looking
statements
Bruker BioSciences Corporation
Michael Willett, 978-663-3660 ext. 1411
Public Relations & Investor Relations Officer
Michael.Willett@bruker-biosciences.com
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