Invitrogen Sees Improved Synergies in Acquisition

Carlsbad-based Invitrogen Corp. says it expects to save $20 million more than originally thought when it acquires Applied Biosystems Inc., according to San Diego’s North County Times. In a filing with government regulators, Invitrogen says a more detailed integration plan shows the combined companies will save $80 million and drive higher-than-expected growth in earnings per share. Invitrogen makes biological research tools and employs about 1,000 in Carlsbad.

Bruce V. Bigelow was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Follow @bvbigelow

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