Bruker Acquires Prairie Technologies

(RTTNews) - Bruker Corp. (BRKR) said Thursday that it has acquired Prairie Technologies, Inc., a privately-held provider of life science fluorescence microscopy products.

Headquartered near Madison, Wisconsin, Prairie pioneered the use of multiphoton fluorescence microscopy. Its industry-leading multiphoton product offerings have enabled researchers to make revolutionary discoveries in neurobiology and cell biology. Prairie's products serve an addressable market that is estimated to be more than $150 million annually.

Prairie has about 30 employees globally, and generated revenues of about $11 million in 2012.

Bruker plans to operate Prairie Technologies as a business unit in the Madison, Wisconsin area, and plans to leverage the global marketing, distribution and service capabilities of the Bruker Nano Surfaces division.