Agilent Technologies

Agilent Technologies

Type	Public S&P 500 Component
Traded as	NYSE: A
Industry	Electronic equipment Biotechnology
Founded	1999 (from HP)
Headquarters	Santa Clara, California Oswego, Illinois, U.S.[1]
Area served	Worldwide
Key people	William P. Sullivan (President), (CEO) & (Director)
Products	Biological and chemical analysis equipment Electronic analysis equipment
Revenue	US$4.48 Billion (FY 2009)[2]
Operating income	US$76.0 Million (FY 2009)[2]
Net income	US$-31.0 Million (FY 2009)[2]
Total assets	US$7.61 Billion (FY 2009)[3]
Total equity	US$2.51 Billion (FY 2009)[3]
Employees	~18,500 - Nov 2010
Website	Agilent.com
References: [4][5][6]

Agilent Technologies (NYSE: A), or Agilent, is a company that designs and manufactures electronic and bio-analytical measurement instruments and equipment for measurement and evaluation. Agilent Technologies has a stock market capitalization of over 10 billion USD and the company's headquarters are in Santa Clara, California, in the Silicon Valley region.

Many of Agilent's predecessor product lines were developed by Hewlett-Packard, the American computing company founded in 1939. In 1999, the product lines not directly connected with computers, storage, and imaging were grouped into a separate company (Agilent), the stock of which was offered to the public in an initial public offering. The Agilent IPO may have been the largest in the history of Silicon Valley.^[7]

The company thus created in 1999 was an $8 billion company with about 47,000 employees, manufacturing scientific instruments, semiconductors, optical networking devices, and electronic test equipment for telecom and wireless R&D and production. In 2011, the company along with the University of California, Davis, announced that it would be establishing the Davis Millimeter Wave Research Center. ^[8]

Product lines

Agilent's major product lines include:

• Test and measurement products such as oscilloscopes, logic analyzers, signal generators, spectrum analyzers, vector network analyzers, atomic force microscopes (AFM), automated optical inspection, automated X-ray inspection (5DX), in-circuit test, and electronic design automation (EDA) software (EEsof)
• Life science and chemical analysis products such as DNA microarrays, HPLCs, remanufactured test equipment with discounts ranging from 20% to 50%.
• In addition to measuring hardware, Agilent has generated and offers comprehensive chemical databases. In January 2009 it announced the availability of a pesticide database covering 1600 compounds, with accurate mass information for each. It also announced the proximate release of similar databases for toxicology and drugs of abuse such as proximite, cannabis, and caffeine.^[9]

Agilent former headquarters in Palo Alto

Research and development

Agilent Technologies has a robust research and development arm, Agilent Laboratories or Agilent Labs, with active research in numerous areas including MEMS, nanotechnology, and life sciences. ^[10]

Origin

HP labs was divided into two central labs when Agilent was carved out of HP in 1999.^[11] Both laboratories have had distinct success throughout the years including development in X-ray technology, traffic monitoring, and liquid chromatography and mass spectrometry.^[12]

Locations

The majority of the Labs research is located in the United States in Santa Clara, California, with additional locations in Europe (Belgium, France, and the UK) and in Asia.

Investment arm

Agilent Technologies has an active investment group, Agilent Ventures, which invests in high-tech start up companies. Investments include MEMX, Infinera, and Telasics.

Corporate restructuring

In 2001, Agilent Technologies sold its health care and medical products organization to Philips Medical Systems. HP Medical Products had been the second oldest part of Hewlett-Packard, acquired in the 1950s. Only the original founding test and measurement organization was older.

In August 2005, Agilent Technologies announced the sale of its Semiconductor Products Group, which produced light-emitting diode, radio frequency and mixed-signal integrated circuits, to Kohlberg Kravis Roberts & Co., and Silver Lake Partners. The group operated as a privately run company, Avago Technologies, until August 2009, when it was brought public in an IPO. It continues to operate under the same name as a publicly traded corporation. Agilent also sold its 47% stake in the light-emitting diode manufacturer Lumileds to Philips Electronics for just under $1 billion. Lumileds originally started as Hewlett-Packard's optoelectronics division.

Also in August 2005, Agilent announced a plan to divest its semiconductor test solutions business, composed of both the system-on-chip and memory test market areas. Agilent listed the new company as Verigy, mid-2006 on NASDAQ.

In 2009 Agilent announced the closure of a subsection of its Test & Measurement division. The product lines affected included the automated optical inspection, solder paste inspection, and automated X-ray products [5DX]. In 2004 Agilent reported that it had captured 19% of the US$244 million (excluding Japan) global imaging inspection market.^[13] On July 27, 2009 Agilent announced they would buy Varian, Inc., for US$1.5 billion. In November 2009, Agilent sold the N2X product line to IXIA. In February, 2010 Agilent announced the selling of its Network Solutions Division to JDSU for US$162 million.

See also

	San Francisco Bay Area portal
	Companies portal

• Laboratory equipment
• Strand Life Sciences

References

1. ^ http://www.merchantcircle.com/business/Agilent.Technologies.630-551-4211
2. ^ ^{a b c} Agilent Technologies (A) annual SEC income statement filing via Wikinvest
3. ^ ^{a b} Agilent Technologies (A) annual SEC balance sheet filing via Wikinvest
4. ^ "Financial Statements for Agilent Technologies Inc.". Google Finance. http://finance.google.com/finance?fstype=bi&q=NYSE:A. Retrieved 2008-08-03. 
5. ^ "Agilent Products & Services". http://www.home.agilent.com/agilent/commonlanding.jspx?lc=eng&cc=US. Retrieved 2008-08-03. 
6. ^ "Financial Statements for Agilent Technologies Inc.". Agilent Technologies. http://www.agilent.com/about/newsroom/presrel/2010/12nov-gp10024.html. Retrieved 2010-11-17. 
7. ^ Arensman, Russ. "Unfinished business: managing one of the biggest spin-offs in corporate history would be a challenge even in the best of times. But what Agilent's Ned Barnholt got was the worst of times. (Cover Story)." Electronic Business 28.10 (Oct 2002): 36(6).
8. ^ Nicolas Mokhoff, EE Times. "Agilent and UC Davis form millimeter research center." August 3, 2011. Retrieved August 5, 2011.
9. ^ Chemical & Engineering News, 19 Jan. 2008, "Mass Spectrometer Takes Flight", p. 66
10. ^ "Agilent Research Laboratories Fact Book">[1]
11. ^ "HP Lab splits">Press Announcement from Agilent
12. ^ "Agilent Labs Timeline">[2]
13. ^ Agilent Trade News Nov 2004

External links

• Agilent Technologies
• Agilent Premium Used Equipment
• Agilent Premium Trade-in Solutions
• Agilent N2X
• Patents assigned to Agilent Technologies via US Patent and Trademark Office (2881 patents as of Feb 14, 2007)
• Agilent Discussion Forum Agilent Discussion Forum
• Agilent Press Releases
• Yahoo! - Agilent Technologies, Inc. Company Profile
• Agilent and HP History Links
• Agilent Technologies exhibiting at Functional Genomics and Disease 2010