Carlsbad's Life Technologies Considering Sale

The company's market value is $10.5 billion.

Posted Fri, Jan 18, 2013 at 10:16 pm PT|Updated Fri, Jan 18, 2013 at 10:21 pm PT

Carlsbad-based Life Technologies Corp. announced Friday that it is considering a sale.

The company said it has hired Deutsche Bank Securities and Moelis & Co. "to assist in its annual strategic review."

The company's market value is $10.5 billion and has approximately 10,400 people. LIFE had sales of $3.7 billion in 2011, according to a statement.

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