Nanalysis signs letter of intent to acquire Quad Systems AG
by CM Staff
Quad Systems and Nanalysis have been working together as strategic partners for over a year in a collaborative OEM agreement to partner going to market with a complete high field NMR product offering.
CALGARY — Nanalysis Scientific Corp. has entered into a letter of intent to acquire QUAD Systems AG, a Zurich-based Nuclear Magnetic Resonance company focused on high-field NMR for pharmaceutical and other vertical markets.
Quad Systems and Nanalysis have been working together as strategic partners for over a year in a collaborative OEM agreement to partner going to market with a complete high field NMR product offering.
“We have had roughly 10 of our scientists and engineers embedded with Quad Systems for over a year, and a tremendous amount of collaboration and mutual respect has developed. Recently, Klemens and I came to the conclusion that joining forces made both companies stronger, would optimize our success regarding several critical challenges, and steepen our growth trajectories: We are growing the large untapped market for miniaturized NMR, while they are focused on taking part of the established market,” said Sean Krakiwsky, founder and Chief Executive Officer of Nanalysis in a statement.
