Thermo bids for Millipore

Today both Bloomberg and Reuter's reported that Thermo (with current market cap of around $20Billion) has already made an offer to acquire Millipore with current market cap of around $5 Billion, with this bid of whooping $6 Billion Thermo will expand its portfolio from being instruments and consumable company to filtration expert for both bio pharmaceuticals and pharmaceutical. This deal will give an edge to Thermo in comparison to its competitors like life technologies.