Bruker acquires Prairie Technologies
Prairie produces a multiphoton product whose offerings have enabled researchers to make discoveries in neurobiology and cell biology. Prairie’s products serve an addressable market that is estimated to be more than $150 million annually. The addition of Prairie will enable Bruker to enter the fluorescence microscopy market, which consists of multipoint scanning confocal, single-photon confocal and multiphoton products.
Prairie has approximately 30 employees globally, and generated revenues of approximately $11 million in 2012. Bruker intends to operate Prairie Technologies as a business unit in Madison, Wis., and plans to leverage the global marketing, distribution and service capabilities of the Bruker Nano Surfaces division.