Thermo Fisher Picks Up FEI for $4.2B

Waltham, Mass.-based Thermo Fisher Scientific has picked up FEI, a developer of microscope technology, for $4.2 billion in cash, or $107.50 per share.

According to Thermo Fisher, FEI’s electron microscopy platform will enhance its menu of mass spectrometry systems, designed for use in protein identification and characterization.

The transaction is scheduled to be finalized by early 2017. — Anisa Jibrell