Agilent Technologies
From Wikipedia, the free encyclopedia
| Agilent Technologies | |
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| Type | Public (NYSE: A) |
|---|---|
| Founded | 1999 (from HP) |
| Headquarters |  Santa Clara, California, USA |
| Key people | William P. Sullivan CEO |
| Industry | Electronic Testing Equipement, Life Sciences, EDA, Network Analyzers |
| Revenue |  US$ 4.97 billion (2006)[1] |
| Operating income | $465 million |
| Net income | $3.31 billion |
| Employees | ~19,000 |
| Website | www.agilent.com |
Agilent Technologies (NYSE: A) ("Agilent" for short) 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 30,000 employees, manufacturing scientific instruments, semiconductors, optical networking devices, and electronic test equipment for telecom and wireless R&D and production.
Some claim that Agilent, not HP, is the direct successor of the company culture invented by Bill Hewlett and Dave Packard and known as the HP Way.
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[edit] 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, and electronic design automation (EDA) software
- Life Science and Chemical Analysis products such as DNA microarrays, HPLCs, capillary electrophoresis systems, mass spectrometers, and gas chromatographs
- Communications Test equipment such as LAN/WAN network analyzers
[edit] 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.
[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 of 2005, Agilent Technologies announced the sale of its Semiconductor Products Group, which produced light-emitting diodes, radio frequency and mixed-signal integrated circuits, to Kohlberg Kravis Roberts & Co., and Silver Lake Partners. The group now operates as Avago Technologies [2], 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’s listed the new company Verigy, mid-2006 on Nasdaq.
[edit] Awards
Agilent Technologies received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign starting in 2004, the third year of the report.
