Applied Biosystems

Applied Biosystems

Applied Biosystems, Inc., started as GeneCo (Genetic Systems Company), was the name of a pioneer biotechnology company founded in 1981 in Foster City, California, in the San Francisco Bay Area. Through the 1980s and early 1990s it operated independently and manufactured biochemicals and automated genetic engineering and diagnostic research instruments, including the principal brand of DNA sequencing machine used by the Human Genome Project consortium centers. Applied Biosystems' close ties to the consortium project led to the idea for the founding of Celera Genomics in 1998 as one of several independent competitors to the consortium.

In 1993 Applied Biosystems was delisted from the NASDAQ when it was acquired by the old company known then as Perkin-Elmer (formerly NYSE: PKN). As the PE Applied Biosystems Division under that parent in 1998, it became consolidated with other acquisitions as the primary PE Biosystems Division. In 1999 its parent company reorganized and changed its name to PE Corporation, and the PE Biosystems Group (formerly NYSE: PEB) again became publicly traded, as a tracking stock of its parent, along with its sister tracking stock company, Celera Genomics. In 2000 the parent became Applera Corporation. The Applied Biosystems name also returned that year, in the name change of the tracking stock from PE Biosystems Group to Applera Corporation-Applied Biosystems Group (NYSE: ABI), an S&P 500 company, which remains as a publicly traded operating group within Applera Corp., along with its sibling operating group, Applera Corporation-Celera Group. Applera derives its name from the combination of its two component groups' names, Appl(iedCel)era In November 2008, a merger between Applied Biosystems and Invitrogen was finalized "creating a global leader in biotechnology reagents and systems". The new company is called Life Technologies.

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Life Technologies - History - Timeline of Major Acquisitions
2005 — Applied Biosystems acquired the Research Products Division of Ambion, Inc. 2006 — Applied Biosystems acquires Agencourt Personal Genomics. 2008 — Invitrogen bought Applied Biosystems for $6.7 billion, and the two became Life Technologies ...
Applied Biosystems - History - Applera
... its name to Applera, combining the two partial names Applied and Celera into one, with 5,000 employees ... PE Biosystems Group was renamed once again to Applied Biosystems Group, and changed its ticker symbol from PEB to ABI ... In 2001, the Applied Biosystems division of Applera reached revenues of US$1.6 billion, and developed a new workstation instrument specifically for the new field of proteomics, which had ...
Life Technologies - History - Applied Biosystems
... Applied Biosystems (formerly GeneCo) was founded in 1981 by Sam Eletr and Andre Marion as a biochemical and manufactured diagnostic research instrument manufacturer ... By 2002, Applied Biosystems had reached revenues of $1.6 billion and maintained a variety of products including the SOLiD System — a next-gen DNA sequencing platform ...
Applera - History - PE Biosystems Division
... In 1998, Perkin-Elmer formed the PE Biosystems division, by consoliding Applied Biosystems, PerSeptive Biosystems, Tropix and PE Informatics ... While planning the next new generation of machines, PE Biosystems' president, Michael W ... idea would require competing against his own customers, to all of whom Applied Biosystems sold its sequencing machines and their chemical reagents ...
Applera
... were the S P 500 listed Applera Corp-Applied Biosystems Group (NYSE ABI) of Foster City, California, and Applera Corp-Celera Genomics Group (NYSE CRA) of Rockville, Maryland ... The Applied Biosystems group had earlier already been renamed PE Biosystems, and it retained that name in the first incarnation of its tracking stock (formerly NYSE PEB) ... In 2000, the Applied Biosystems name was restored to the group, with the new stock ticker symbol ABI, and PE Corporation became Applera, a combination of its two ...

Famous quotes containing the word applied:

    Technology represents intelligence systematically applied to the problem of the body. It functions to amplify and surpass the organic limits of the body; it compensates for the body’s fragility and vulnerability ...
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