Thermo Fisher Buys Dionex for $2.1B

Xconomy Boston — 

Waltham, MA-based Thermo Fisher Scientific (NYSE: TMO), a provider of products and services for scientific research labs, will buy all outstanding shares of Dionex, for a total of $2.1 billion in cash, the companies announced today. Thermo will pay $118.50 per share for Sunnyvale, CA-based Dionex (NASDAQ: DNEX), a maker of liquid chromatography and sample preparation technology, which will be integrated into Thermo’s Analytical Technologies Segment. The deal represents a 21 percent premium over Dionex’s closing stock price on Friday, and is expected to close first quarter of 2011, the companies said.