Waters acquires NuGenesis Technologies.Milford Milford.1 Residential city (1990 pop. 49,938), New Haven co., SW Conn., on Long Island Sound; settled 1639, inc. as a city 1959. Oysters and clams are gathered there for commercial use, and the city also has light manufacturing, such as the production , MA 1/28/04--In a move that will expand their software business, Waters has entered into a definitive merger agreement to acquire NuGenesis Technologies for approximately $43 million. NuGenesis' Scientific Data Management System platform is an advanced web-based scientific information management product for data preservation and integration. The company recorded sales of more than $21 million in 2003. Expected to be completed in the first quarter of 2004, the transaction is forecasted to be neutral to Waters' 2004 earnings on a pro-forma basis and prior to anticipated acquisition charges. The addition of NuGenesis to the Waters family is a coup coup (k  ) [Fr.,=blow], among Native North Americans of the Plains culture, a war honor, awarded for striking an enemy in such a way that it was considered an extreme act of bravery. , as Waters
will become the undisputed leader in the Laboratory Data Management
Systems (LDMS LDMS LANDesk Management SuiteLDMS Laser Desorption Mass Spectrometry LDMS Laboratory Data Management System (Frontier Science and Technology Research Foundation software package) LDMS Large Documents Management System ) field with well over 50% market share in combination with the LDMS side of Creon Creon (krē`ŏn), a name given to several minor legendary Greek kings. In the legend of Oedipus, Creon is the brother of Jocasta and after the death of Oedipus' sons becomes king of Thebes. Lab Controls' business. LDMS is highly complementary to Waters' other activities and also is expanding at a double-digit dou·ble-dig·it adj. Being between 10 and 99 percent: double-digit inflation. rate. |
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