Posted on June 10, 2009 at 11:41 AM
Filed under: Acquisitions | Careers | Movers & Shakers | People | Slides
Tagged: Millipore Corp. , Ram Ramakrishnan

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Millipore Corp. (NYSE:MIL) has hired veteran dealmaker Ram Ramakrishnan as vice president of strategy and corporate development. Ramakrishnan will help map strategic growth and lead global M&A. Millipore operates in the life science industry, providing technology, tools and services to bioscience researchers and biopharmaceutical manufacturers. 

After being fairly quiet on the acquisition front, Millipore closed two deals in February, paying $22.6 million for Guava Technologies and buying assets related to Epitome Biosystems' EpiTag technology for an undisclosed amount. 

It's worth noting that Ramakrishnan has little, if any, experience in life sciences. He joins from the water technology and electrical systems manufacturer Pentair Inc., where he led 20 acquisitions. He's also held strategy positions at Motorola Inc. (NYSE:MOT), Square D and McKinsey & Co.  

It seems Millipore was more interested in Ramakrishnan's transaction expertise, a sure sign that the company is looking to crank up its dealflow. - Suzanne Stevens 

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