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Stock Details
  • PRICE$96.07
  • PRICE CHANGE$0.27
  • % CHANGE0.28%
  • TWEETS2
  • CONSENSUSSTRONG BUY

Trends

Course of Action

STRONG BUY

Sentiment (10 days)

  •  Strong Buy
  •  Buy
  •  Hold
  •  Sell
  •  Strong Sell

DAILY PRICE CHANGE VS SENTIMENT

  • BullishBullish
  • BearishBearish
  • SentimentSentiment
  • BarPrice

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PERKINELMER, INC. (PKI) News

PerkinElmer Acquires Shanghai Spectrum Instruments Co., Ltd.

PerkinElmer, Inc., a global leader committed to innovating for a healthier world, today announced that it has acquired Shanghai Spectrum Instruments Co., Ltd. (SSI). Located at Shanghai Caohejing Hi-Tech Park in P.R. China, SSI is one of the leading manufacturers of analytical instruments in China.

SSI delivers analytical solutions and services to a wide range of research, academic, government, pharmaceutical, industrial, life sciences and chemical analysis laboratories. Its portfolio includes photoelectric colorimeters, UV-Vis spectrophotometers, atomic absorption spectrophotometers and accessories.

“PerkinElmer is committed to expanding our investment and manufacturing footprint in China. This acquisition helps us build upon our China presence through SSI’s strong, localized market position while further solidifying PerkinElmer’s leadership in Atomic Absorption technologies,” said Jim Corbett, Executive Vice President and President, Discovery & Analytical Solutions, PerkinElmer. “The combination of instrumentation and synergistic commercial activities will enable us to deliver high quality analytical testing to a wider customer base throughout China and other emerging market regions.”

SSI has customers in 10 countries, along with a strong supply chain and dealer network in China.

PerkinElmer plans to build on SSI’s R&D and manufacturing capabilities in China to deliver continuous hardware and software innovations for its customers and support China’s goal of strengthening local manufacturing. This acquisition complements PerkinElmer’s leadership in atomic spectroscopy to better serve local customer needs within environmental, industrial and food markets.

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