Applied Precision makes software and hardware used in the study of the life sciences and other industries that demand precise, repetitive movements of equipment. The company was incorporated in 1985 by engineers working in electronics, mechanics, and physics. Founded in 1986 by CEO Ron Seubert and two others, Applied Precision was acquired in 2011 by GE Healthcare. GE Healthcare used the purchase to expand its life sciences division's line of products for the pharmaceutical and life science research sectors. Applied Precision's microscopy instruments, software, and data visualization tools complemented GE Healthcare's cell analyzer systems, which are used in drug discovery and biomarker research.