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Bruker Acquires Spectral Instruments Imaging, the Performance Leader in Preclinical In-Vivo Optical Imaging Systems

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Bruker Corporation (Nasdaq: BRKR) has acquired Spectral Instruments Imaging LLC, a leader in preclinical in-vivo optical imaging systems. The acquisition fills a gap in Bruker's technology and product portfolio, broadening its range of preclinical solutions for disease research. SII generated revenues of over $10 million in 2023 and was profitable.
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Insights

The acquisition by Bruker Corporation of Spectral Instruments Imaging LLC (SII) is a strategic move that enhances Bruker's preclinical imaging portfolio. The integration of SII's advanced imaging systems into Bruker's offerings can potentially expand Bruker's market share by providing a more comprehensive suite of preclinical imaging solutions. This could appeal to a broader customer base within the biomedical research community, increasing the company's competitive edge.

From a market perspective, Bruker's acquisition of a profitable company with over $10 million in revenues is a positive indicator of growth potential. The profitability of SII suggests that the acquisition will be accretive to Bruker's earnings, potentially leading to an improved financial performance in future reporting periods. This could have a favorable impact on Bruker's stock price as investors often look for growth through strategic acquisitions that contribute to earnings expansion.

However, the lack of disclosed financial details makes it challenging to assess the full impact of the acquisition on Bruker's balance sheet. The cost of the acquisition and the terms of the deal are critical factors that could affect Bruker's short-term financial health and stock market performance.

The addition of Spectral Instruments Imaging's technology to Bruker's BioSpin Preclinical Imaging division is significant for the field of disease research. SII's co-registered bioluminescence (BLI), fluorescence (FLI) and X-ray imaging systems provide researchers with powerful tools for non-invasive in-vivo studies. These imaging modalities enable the visualization and quantification of biological processes within living organisms, which is crucial for understanding disease mechanisms and the development of new treatments.

BLI and FLI are particularly valuable for tracking the expression of genes and the distribution of biomolecules in real-time, offering insights into molecular pathways and the efficacy of therapeutic interventions. The high sensitivity and quantitative capabilities of SII's imaging systems, such as the flagship Lago X, allow for more accurate and reproducible data, potentially accelerating the pace of preclinical research.

The acquisition may also facilitate the development of new imaging agents and protocols that could become industry standards, furthering the advancement of preclinical imaging technologies.

When evaluating the financial implications of Bruker's acquisition of SII, it is important to consider the synergies that may arise from the integration of SII's product line with Bruker's existing preclinical imaging technologies. The potential for cost savings through streamlined operations and the combined marketing and sales efforts could improve Bruker's operating margins over time.

Furthermore, the acquisition of a company with established profitability and a solid revenue stream reflects positively on Bruker's strategic investment choices. It indicates a focus on acquiring assets that can contribute to the bottom line immediately, rather than speculative ventures that may require significant upfront investment without guaranteed returns.

However, investors should monitor post-acquisition integration, as the success of such transactions often hinges on the seamless merging of products, cultures and customer relations. Any integration challenges could affect expected synergies and delay the realization of the acquisition's full financial benefits.

Acquisition Complements Bruker’s Preclinical Imaging Portfolio with In-Vivo Optical Imaging

TUCSON, Ariz.--(BUSINESS WIRE)-- Bruker Corporation (Nasdaq: BRKR) today announced that it has acquired Spectral Instruments Imaging LLC, a leader in preclinical in-vivo optical imaging systems. This acquisition fills a gap in the technology and product portfolio of the Bruker BioSpin Preclinical Imaging (PCI) division, broadening its range of preclinical solutions for disease research.

Fast and highest sensitivity SII Lago X in vivo imaging with capacity for 10 animals simultaneously (Photo: Business Wire)

Fast and highest sensitivity SII Lago X in vivo imaging with capacity for 10 animals simultaneously (Photo: Business Wire)

Established in 2009 in Tucson, Spectral Instruments Imaging (SII) is at the forefront of technology for co-registered bioluminescence (BLI), fluorescence (FLI), and X-ray preclinical imaging. SII systems are engineered with advanced optics, patented illumination, -90o C air-cooled high sensitivity cameras, absolute calibration for quantifiable imaging, excellent flexibility and ease of use.

The SII flagship system Lago X is designed for superior sensitivity and high-volume in-vivo imaging research. The SII high-efficiency AMI HTX system permits BLI, FLI and X-ray imaging with a benchtop system. SII Aura software provides a seamless workflow for enhanced productivity.

“Spectral Instruments Imaging systems perfectly complement the Bruker Preclinical offering,” said Keith Copeland, the CEO of SII. “Joining Bruker represents a significant milestone in our history, and we are looking forward to enabling our customers to benefit from different preclinical imaging modalities to understand biological disease processes even more comprehensively in vivo.”

Dr. Wulf-Ingo Jung, President of Bruker’s PCI division commented: “We are very pleased to welcome the talented SII team. Their advanced BLI, FLI and X-ray imaging systems complement our portfolio to better serve the diverse needs of our preclinical customers. We are committed to fostering strong collaborations with our customers for advanced preclinical in vivo disease research.”

Financial details of the transaction were not disclosed. In 2023, SII generated revenues of over $10 million and was profitable.

About Bruker Corporation (Nasdaq: BRKR)

Bruker is enabling scientists to make breakthrough discoveries and develop new applications that improve the quality of human life. Bruker’s high performance scientific instruments and high value analytical and diagnostic solutions enable scientists to explore life and materials at molecular, cellular and microscopic levels. In close cooperation with our customers, Bruker is enabling innovation, improved productivity and customer success in life science molecular and cell biology research, in applied and pharma applications, in microscopy and nanoanalysis, as well as in industrial applications. Bruker offers differentiated, high-value life science and diagnostics systems and solutions in preclinical imaging, clinical phenomics research, proteomics and multiomics, spatial and single-cell biology, functional structural and condensate biology, as well as in clinical microbiology and molecular diagnostics. For more information, please visit: www.bruker.com.

Investor Contact:

Justin Ward

Sr. Director, Investor Relations & Corporate Development

Bruker Corporation

T: +1 (978) 313-5800

E: Investor.Relations@bruker.com

Media Contact:

Markus Ziegler

Sr. Director and Head of Group Marketing

Bruker BioSpin

T: +49 172 3733531

E: pr@bruker.com

Source: Bruker Corporation

FAQ

What company did Bruker Corporation acquire?

Bruker Corporation acquired Spectral Instruments Imaging LLC.

What is the ticker symbol for Bruker Corporation?

The ticker symbol for Bruker Corporation is BRKR.

What is the financial performance of Spectral Instruments Imaging LLC in 2023?

Spectral Instruments Imaging LLC generated revenues of over $10 million in 2023 and was profitable.

What type of imaging systems does Spectral Instruments Imaging LLC specialize in?

Spectral Instruments Imaging LLC specializes in co-registered bioluminescence (BLI), fluorescence (FLI), and X-ray preclinical imaging systems.

What is the flagship system of Spectral Instruments Imaging LLC?

The flagship system of Spectral Instruments Imaging LLC is the SII Lago X, designed for superior sensitivity and high-volume in-vivo imaging research.

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