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
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 (NYSEA), 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.

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Product lines

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

Agilent's major product lines include:

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.

References

  1. ^ "Financial Statements for Agilent Technologies Inc.". Google Finance. Retrieved on 2008-08-03.
  2. ^ "Agilent Products & Services". Retrieved on 2008-08-03.

External links

Sources

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