Agilent Technologies
This article's tone or style may not reflect the encyclopedic tone used on Wikipedia. (April 2011) |
Company type | Public S&P 500 Component |
---|---|
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] |
US$76.0 Million (FY 2009)[2] | |
US$-31.0 Million (FY 2009)[2] | |
Total assets | US$7.61 Billion (FY 2009)[3] |
Total equity | US$2.51 Billion (FY 2009)[3] |
Number of employees | ~18,500 - Nov 2010 |
Website | Agilent.com |
Footnotes / references [4][5][6] |
Agilent Technologies (NYSE: A), or Agilent, is a company which designs and manufactures electronic and bio-analytical measurement instruments and equipment for measurement and evaluation. 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.
Product lines
Agilent's major product lines include:
- Test & Measurement products such as oscilloscopes, logic analyzers, signal generators, spectrum analyzers, vector network analyzers, Atomic Force Microscope (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, capillary electrophoresis systems, mass spectrometers, gas chromatographs, and data analysis software (GeneSpring)
- Nucleic Acid Solutions, part of Life Sciences, develops and manufactures oligonucleotide based active pharmaceutical ingredients (APIs).[8][9][10]
- Automotive Network Test Tools for CAN, LIN and FlexRay Networks.
- Agilent CertiPrime is Agilent's used electronic test equipment brand. It offers fully 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.[11]
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. A key factor in this division is aligning future research with the needs and strategic priorities of the businesses each lab will support.
Agilent labs is primarily a research entity, the research is divided into three primary segments:
- Research that will lead to breakthrough and disruptive technologies and applications to grow Agilent’s existing businesses in electronic and bio-analytical measurement systems.
- Research that leads to technologies that create new businesses adjacent to Agilent’s current markets but within Agilent’s field of interest.
- Basic research that contributes to the fundamental understanding of areas critical to Agilent’s future.[12]
Origin
HP labs was divided into two central labs when Agilent was carved out of HP in 1999.[13]
Both laboratories have had distinct success throughout the years including development in x-ray technology, traffic monitoring, and liquid chromatography and mass spectrometry.[14]
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.[15] 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
References
- ^ http://www.merchantcircle.com/business/Agilent.Technologies.630-551-4211
- ^ a b c Agilent Technologies (A) annual SEC income statement filing via Wikinvest
- ^ a b Agilent Technologies (A) annual SEC balance sheet filing via Wikinvest
- ^ "Financial Statements for Agilent Technologies Inc". Google Finance. Retrieved 2008-08-03.
- ^ "Agilent Products & Services". Retrieved 2008-08-03.
- ^ "Financial Statements for Agilent Technologies Inc". Agilent Technologies. Retrieved 2010-11-17.
- ^ 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).
- ^ http://www.agilent.com/chem/nucleicacid
- ^ http://www.genengnews.com/articles/chitem.aspx?aid=3223&chid=3
- ^ http://www.genengnews.com/gen-articles/oligonucleotide-production-gearing-up/3625/
- ^ Chemical & Engineering News, 19 Jan. 2008, "Mass Spectrometer Takes Flight", p. 66
- ^ "Agilent Research Laboratories Fact Book">[1]
- ^ "HP Lab splits">Press Announcement from Agilent
- ^ "Agilent Labs Timeline">[2]
- ^ 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