WALTHAM, Mass. (AP) -- Thermo Fisher Scientific Inc. said Friday it completed its $145 million acquisition of analytical instrument maker Ahura Scientific.
Thermo Fisher said Ahura makes devices that are used to identify chemicals for safety, security, and pharmaceutical applications. Ahura reported about $45 million in revenue in 2009, and Thermo Fisher said the company will become part of its analytical technologies business.
Thermo Fisher, based in Waltham, Mass., agreed to buy Ahura on Jan. 19. The deal was worth $145 million in cash, and other payments could be made if Ahura products reach sales targets. Ahura is based in Wilmington, Mass.
In afternoon trading, Thermo Fisher stock lost 88 cents to $48.40.