Singapore, Jul 1, 2009: Life Technologies, a provider of life science solutions, has signed a definitive agreement to sell its SQL*LIMS business to LabVantage Solutions.Under the terms of the agreement, LabVantage will continue to support the SQL*LIMS product and customers will receive the same level of support to which they have been accustomed.

 

The SQL*LIMS is an enterprise laboratory information management system (LIMS) provider that manages the laboratory process lifecycle. The system is used for tracking raw materials and samples as they enter and travel the laboratory workflow, sample analysis, data collection and communication of this information to corporate systems.

“While the LIMS business is an important asset for a segment of our customers, it was not a perfect fit with our strategic direction,” said Mr Mark Stevenson, Life Technologies’ Chief Operating Officer. “This agreement will allow us to better focus on our strengths, while ensuring continued access to a key solution in the laboratory workflow.”

“We are confident that our customers will benefit from the increased focus of a software solutions company,” said Mr Pat Pijanowski, General Manager, SQL*LIMS business unit for Life Technologies. “The combination of these two leading LIMS businesses will allow for expanded and strengthened product offerings to meet the needs of this market.”