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Author: ElricSeven Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1856  
Subject: Re: Perkin Elmer (PKI) Date: 3/12/2002 9:17 AM
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PKI has had kind of an interesting relationship with a previous incarnation of Applera, which used to be Applied Biosystems, which used to be PECorporation which was the original owner of Perkin Elmer. I've never quite understood the exact details of the deal that resulted in the migration of the name to PKI, but would be interested if anyone knows exactly how this all came about. I know that it was part of ABI's effort to recast itself as being more of a biotechnology supply company instead of a generalized chemistry supply company. Must be an interesting story.

At first I thought PKI might be like that bad Arnold movie "Twins" where ABI is Arnold and PKI was Danny Devito, the low yield "genetic garbage" of the two twins. It is a fairly common corporate occurrence ot spin off slower growing assets, however, I believe that only the name and some assets were purchased.

Anyone have a better idea of what happened?

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