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Updated: April 17, 2020

Scarborough-based Fluid Imaging Technologies acquired by Japanese biotech

COURTESY / FLUID IMAGING TECHNOLOGIES Fluid Imaging Technologies, recently acquired by a Japanese biotechnology firm, produces high-resolution imaging instruments. Seen here through its imaging technology are phytoplankton and zooplankton from the Gulf of Maine.

Fluid Imaging Technologies Inc., of Scarborough, has been acquired by a Japanese biotechnology company.

Yokogawa Electric Corp. purchased all shares of Fluid Imaging, according to a news release. Terms were not disclosed.

Fluid Imaging is a developer of automated imaging solutions that help analyze cells and other microscopic particles that are suspended in liquid media. The company's products are used in a wide variety of industries and scientific research.

“The combination of Fluid Imaging Technologies’ flow imaging instrumentation with Yokogawa’s optical engineering, artificial intelligence software, marketing, and distribution capabilities will accelerate FlowCam’s positioning as the global brand leader in flow imaging technology,” Kent Peterson, president and CEO of Fluid Imaging Technologies, said in the release.

Peterson is a 2008 Mainebiz Business Leader of the Year.

Fluid Imaging Technologies CEO Kent Peterson is a 2008 Mainebiz Business Leader of the Year.

With Fluid Imaging, Yokogawa said it will be able to expand its cell observation solutions and strengthen its business in the life science market.

“Yokogawa’s long-term goal for 2050 is to contribute to society’s sustainable growth. One of our goals is to provide well-being for all,” Hiroshi Nakao, a Yokogawa vice president and head of the company’s Life Innovation Business Headquarters, said in the release. “I strongly believe Fluid Imaging Technologies can greatly contribute in realizing this aim.”

Fluid Imaging is a pioneer in the development of flow imaging instruments that combine the features of traditional microscopes, which are used for the observation of cells, and flow cytometers, which are used for high-speed analysis of the characteristics of lymph and other types of blood cells. The instruments are used in fields such as marine research and municipal water management and industries ranging from biopharmaceuticals to chemicals, and oil and gas. 

Last December, Fluid Imaging signed an exclusive licensing agreement with the University of Colorado to commercialize artificial intelligence software that, among its uses, speeds the detection of dangerous bacteria.

The laboratory instrument manufacturer began in 1999 with applications for its FlowCam in oceanographic research.

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