WALTHAM, Massachusetts ( TheStreet) -- Thermo Fisher Scientific ( TMO) agreed to acquire Dionex ( DNEX) for $118.50 a share in cash, or a total of about $2.1 billion. Thermo Fisher said the transaction isn't conditioned on financing and is expected to be completed in the first quarter of 2011. Shares of Dionex, a laboratory equipment maker, closed Friday at $98.17. Thermo Fisher said Monday the transaction is expected to be immediately accretive to its adjusted earnings by 13 cents to 15 cents a share in the first 12 months following the deal's closing. -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: email@example.com.