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Agilent Technologies

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Agilent Technologies
Type Public (NYSEA)
Founded 1999 (from HP)
Headquarters Flag of the United States Santa Clara, California, USA
Key people William Sullivan (CEO)
Adrian Dillon (CFO)
Rick Burdsall (CIO)
Industry Electronic equipment
Biotechnology
Products Biological and chemical analysis equipment
Electronic analysis equipment
Revenue US$5,420,000,000 (2007)
Operating income US$584,000,000 (2007)
Net income US$638,000,000 (2007)
Total assets US$7,554,000,000 (2007)
Total equity US$3,234,000,000 (2007)
Employees 19,400 (2007)
Website http://www.agilent.com
[1][2]

Agilent Technologies (NYSEA), or Agilent, is a company which designs and manufactures instruments and equipment for measurement and evaluation. The company's headquarters are in Santa Clara, California.

Many of Agilent's predecessor product lines were developed by the American computing company Hewlett-Packard, which was 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. Some sources state that the Agilent IPO was the largest in the history of Silicon Valley.

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.

Contents

[edit] Product lines

Agilent's major product lines include:

  • 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 proximite release of similar databases for toxicology and drugs of abuse such as proximite, cannabis, and caffeine.[3]
Agilent former headquarters in Palo Alto

[edit] Research and development

Agilent Technologies has a robust research and development program, Agilent Laboratories, with active research in MEMS, nanotechnology, and Life Sciences.

[edit] 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.

[edit] Corporate restructuring

In 2001, Agilent Technologies sold its healthcare 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 now operates as Avago Technologies, an independent, privately held company. 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 include the automated optical inspection, solder paste inspection, and automated x-ray products [5DX]. In 2004 Agilent reported that it had captured 19% of the 244million (excluding Japan) global imaging inspection market.[4]

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