Becton, Dickinson acquires Alverix for $40M

|About: Becton, Dickinson and Company (BDX)|By:, SA News Editor

Becton, Dickinson (BDX +1.6%) acquires privately-held Alverix, which makes diagnostic instruments.

The two companies have worked together for the last five years designing and developing the BD Veritor System.

The deal will be "minimally dilutive" to BDX's FY14 results and "will not impact ... 2014 earnings guidance." (PR)