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Thermo Fisher To Acquire Maker of Handheld Chemical Detectors

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Thermo Fisher Scientific [TMO] this month said it has agreed to acquire Ahura Scientific, a developer and producer of handheld analytical instruments used in defense, homeland security and industrial applications, for $145 million in cash. The deal includes an earnout provision based on certain 2010 financial targets and is expected to be concluded in the first quarter of this year. Ahura makes a range of portable instruments serving military and first responders, pharmaceutical and medical applications markets. Its products are…

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