Agilent Technologies

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Agilent Technologies

Type	Public (NYSE: A)
Founded	1999 (from HP)
Headquarters	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
Market cap	▼ US$13,690,000,000 (2007)
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
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Agilent Technologies (NYSE: A), or Agilent, is a measurement and instrument company headquartered in Santa Clara, California. Agilent's roots are at the founding of Hewlett-Packard in 1939. All of the businesses not related to computers, storage, and imaging were spun off from HP in 1999 to form Agilent. Agilent's spin-off was the largest initial public offering in the history of Silicon Valley.

The spin-off created 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.

1 Product lines
2 Research and development
3 Investment arm
4 Corporate restructuring
5 References
6 External links
7 Sources

Product lines

Agilent manufactures many products descended from HP's original product lines.

Agilent's major product lines include:

Test & Measurement products such as oscilloscopes, logic analyzers, spectrum analyzers, vector network analyzers, automated optical inspection, automated x-ray inspection (5DX), in-circuit test, CDMA mobile test set, and electronic design automation (EDA) software (EEsof)
Life Science and Chemical Analysis products such as DNA microarrays, HPLCs, capillary electrophoresis systems, mass spectrometers, and gas chromatographs
Communications equipment such as LAN/WAN network analyzers Wireline Test (N2X) or HBAs
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%.

Agilent former headquarters in Palo Alto

Research and development

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

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 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 spin off its semiconductor test solutions business, composed of both the system-on-chip and memory test market areas. Agilent listed the new company Verigy, mid-2006 on NASDAQ.