Thermo Electron

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Thermo Electron Corporation
FateMerged
Successor(s)Thermo Fisher Scientific
Founded1956
Defunct2006
HeadquartersWaltham, Massachusetts
ProductsAnalytical and scientific products and services
Employees37,000
 
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Thermo Electron Corporation
FateMerged
Successor(s)Thermo Fisher Scientific
Founded1956
Defunct2006
HeadquartersWaltham, Massachusetts
ProductsAnalytical and scientific products and services
Employees37,000
Arvin Smith and George Hatsopoulos receive the 2011 Pittcon Heritage Award from Tom Tritton of the Chemical Heritage Foundation

Thermo Electron Corporation (NYSE: TMO) (incorporated 1956) was a major provider of analytical instruments and services for a variety of domains. It was built by George Hatsopoulos, John Hatsopoulos, and Arvin Smith. [1]

In 2011, Thermo Fisher Scientific, its successor, had revenues of over $11 billion, and employed 37,000 people.

On May 14, 2006, Thermo and Fisher Scientific announced that they would merge in a tax-free, stock-for-stock exchange. The merged company became Thermo Fisher Scientific. On November 9, 2006, the companies announced that the merger had been completed.[2] However, the Federal Trade Commission ruled that this acquision was anticompetitive with regard to centrifugal evaporators, requiring Fisher to divest Genevac.[3] In April 2007, Genevac was sold to Riverlake Partners LLC[4] and the merger closed with FTC approval.[5]

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