Thermo Fisher Buys Cohesive Tech

Thermo Fisher Scientific Inc. (NYSE: TMO) has acquired Cohesive Technologies Inc., a Franklin, Mass.-based manufacturer of advanced sample extraction and liquid chromatography products. No financial terms were disclosed, except that Cohesive has annual revenue of approximately $15 million. Cohesive had raised around $35 million in total VC funding since 1995, including a $9.5 million infusion in 2003 at a post-money valuation of around $37 million. Backers include Berkshires Capital, Dauphin Capital Partners, Hudson Venture Partners, Mitsubishi Corp., Oxford Bioscience Partners and Psilos Group Managers.