Nov. 6, 2003 — California-based life science firms Picoliter Inc. and Labcyte LLC have merged to become Labcyte Inc.

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Picoliter acquired Labcyte in a stock deal, though financial terms were not disclosed. The new, Sunnyvale, Calif.-based firm combines Picoliter’s microfluidic and small-volume liquid handling technologies and Labcyte’s high-volume liquid handling and microwell plate processing.

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Elaine Heron, Labcyte’s chief executive officer who held the same post at Picoliter, said changing the name reflects the broader vision of its offerings.

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“Small-volume liquid handling … is where our proprietary technology is, but it’s not the whole vision I have for the company. This designates a bigger space,” she said. “Sometimes when you have a technology like this, it takes a little while to get it into the marketplace. … This gives us more traditional products we can give to customers.”