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The Boston Globe

Business

Thermo Fisher to buy Life Technologies for $13.6b

One of 2013’s biggest buyouts

Thermo Fisher Scientific Inc.’s $13.6 billion deal to buy a California diagnostics firm will establish the Waltham company as the global leader in life sciences tools and a top player in the emerging field of genetic screening.

The buyout of Life Technologies Corp., unveiled Monday, would be the third-largest acquisition ever by a Massachusetts company, trailing only Boston Scientific Corp.’s $26.9 billion purchase of Guidant LLC in 2005 and FleetBoston Financial Corp.’s $16.2 billion acquisition of BankBoston Corp. in 1999, according to research firm Standard & Poor’s Capital IQ.

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