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Acquisitions Expand Microscopy Portfolio, Launch Particle-Analysis CapabilitiesNEW ORLEANS, PITTCON, March 3, 2008
Agilent Technologies Inc. (NYSE: A) today announced it has signed an agreement to acquire TILL Photonics GmbH and has completed the acquisition of Colloidal Dynamics. Both companies will join the recently created Materials Science Solutions Unit within Agilent's Life Science and Chemical Analysis business. Financial details were not disclosed. The TILL Photonics GmbH acquisition is expected to be final at the end of March, subject to certain closing conditions. In addition to the acquisitions, Agilent is announcing five enhancements to its flagship gas chromatograph (GC) and GC/mass spectrometer (GC/MS) platforms, designed to improve analysis of complex mixtures and make powerful qualitative and quantitative capabilities accessible to a wider range of laboratories. Acquisitions for Business Unit The Agilent Materials Science Solution Unit (MSSU) was formed in 2007 under the leadership of Mike Gasparian, vice president and general manager. MSSU's focus is to provide microscopy, particle analysis and optical spectroscopy solutions for the materials testing, life sciences and chemical analysis markets, as well as to advance nanotechnology. "Our Materials Science Solutions Unit targets expansion of measurement platforms for research scientists in many existing and new market segments," said Mike Gasparian, vice president and general manager of Agilent's Materials Science Solutions Unit. "When final, the TILL Photonics acquisition will position Agilent as a premier provider of advanced optical and fluorescence microscopy systems. Colloidal Dynamics launches our particle-measurement portfolio, allowing us to offer customers unmatched zeta-potential and particle-size measurement tools." TILL Photonics develops and markets innovative life science products for fluorescence microscopy. The acquisition will complement Agilent's atomic force microscope (AFM) platform and is consistent with Agilent's strategy of providing customers with comprehensive workflow solutions. TILL Photonics employees are expected to join Agilent when the acquisition becomes final at the end of March. Headquartered in Munich, Germany, the company was founded in 1993. "I expect the novel TILL microscopy platform will experience optimal maturing conditions as a part of Agilent and will appeal to a much wider base of customers leveraging a strong sales and support function," said Dr. Rainer Uhl, founder of TILL Photonics and professor at the BioImaging Center of the University of Munich. The acquisition of privately held Colloidal Dynamics enables Agilent to have a complementary suite of particle-analysis solutions to materials science customers in the polymer, specialty chemical, inks/pigments, food, pharmaceutical and materials research markets. "Our joining Agilent allows us to continue to pioneer particle measurements and tap into worldwide service and support for our products," said Dave Cannon, former CEO of Colloidal Dynamics Group. "Joining Agilent allows us to make the most of the synergies that exist between the two companies; there are exciting opportunities to grow." New Workflow Innovations Launched at Pittcon 7890A GC and 5975C GC/MS
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For more information, please visit Agilent here at Booth 4635. About Agilent Technologies Agilent Technologies Inc. (NYSE: A) is the world's premier measurement company and a technology leader in communications, electronics, life sciences and chemical analysis. The company's 19,000 employees serve customers in more than 110 countries. Agilent had net revenues of $5.4 billion in fiscal 2007. Information about Agilent is available on the Web at www.agilent.com. # # # Contact: Eric Endicott, Agilent LSCA Michele Drake, Agilent Corporate |