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Caliper company history timeline

1983

Caliper Corporation, founded in 1983 and headquartered in Newton, MA, is a technology leader in the development of geographic information systems (GIS) and transportation software.

1988

Since its release in 1988, TransCAD has grown to become the dominant GIS in many of its specialized application areas.

1995

Maptitude was first released in 1995.

1997

In March 1997, Caliper signed a collaboration deal with Dow Chemical Company to develop polymers for Caliper's chemical microchips.

In May 1997, Caliper announced the appointment of David K. Lam as president and chief executive officer.

1998

Nonetheless, the company reported a net loss of $14.4 million, up from $3 million in 1998.

1999

The program attracted Amgen, Hoffman La Roche, and, in August 1999, Eli Lilly to subscribe to Caliper's nanoscale screening systems for biochemical and cellular pharmaceutical targets.

In late 1999, Caliper's commercial partner, Agilent, introduced the first microfluidic LabChip system, the 2100 Bioanalyzer.

2000

Like other biotech firms, Caliper's shares nosedived during the stock market downturn beginning in spring 2000.

2001

In January 2001, the two companies settled the litigation with Aclara agreeing to pay Caliper $37.5 million over three years with a combination of stock, cash, and committed minimum royalties.

Because Caliper had scarce resources to pursue these opportunities within the company, the new entity was spun off as an independent firm with separate management that could raise its own venture capital and implement its own corporate strategies. As a result, in September 2001 Caliper formed a new company, Amphora Discovery Corp., to develop the database for use in preclinical drug discovery and to increase the success rate of drugs through clinical development.

During 2001, Caliper also penetrated the Japanese market with an exclusive agreement with Wako Pure Chemical Industries, Ltd. providing Wako with distribution rights to sell the Caliper 250 High Throughput Screening (HTS) system and chips in Japan.

2002

In October 2002, however, the claims against Kisner, Milligan, and Knight were dismissed without prejudice.

2003

With the value of its shares falling, in February 2003 Caliper received an acquisitions offer from hedge fund Little Bear Investments, controlled by investment bank WellFleet Partners Inc. of New York.

In December 2003, Caliper announced another 12 percent workforce reduction, including the elimination of seven vice-president positions, as a result of efforts to reconfigure its operations and to pursue an aggressive commercialization strategy.

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Founded
1983
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Headquarters
Newton, MA
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Caliper may also be known as or be related to Caliper, Caliper Corp and Caliper Corporation.