MCS is a developer, manufacturer and marketer of instrumentation for extracellular recording and stimulation. Multi Channel Systems MCS, or MCS, was acquired for approximately 7.5 million euros in cash. Together, the acquisitions are expected to add $7.5 million to $8.5 million in revenue in 2015 and these acquisitions are expected to be accretive to 2015 earnings. Both companies are key developers of equipment in the field of electrophysiology, and their acquisitions substantially bolster Harvard Bioscience's leadership within the electrophysiology market. (Nasdaq:HBIO), a global developer, manufacturer and marketer of a broad range of solutions to advance life science, has acquired two privately held life science companies: Multi Channel Systems MCS GmbH, headquartered in Reutlingen, Germany, and Triangle BioSystems, Inc., based in Durham, North Carolina, for a total of approximately $11 million in cash. 1, 2014 (GLOBE NEWSWIRE) - Harvard Bioscience, Inc. 22.5 KBĮxpected to Add $7.5 Million to $8.5 Million in Revenue in 2015Īcquisitions of Life Science Companies in Germany and North Carolina Substantially Expands Harvard Bioscience's Electrophysiology Product Line Harvard Bioscience Acquires Multi Channel Systems MCS GmbH and Triangle BioSystems, Inc.
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