Agilent Technologies' Venture Unit Invests in Pintail Technologies' Series B Round of Funding.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.A -- Agilent Technologies This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Inc. (NYSE NYSE See: New York Stock Exchange :) today announced that Agilent Ventures has participated in the Series B Preferred Stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. funding round for Pintail pintail Any of four species (genus Anas, family Anatidae) of sleek, long-tailed, long-necked dabbling ducks that are swift fliers and popular game birds. The common, or northern, pintail (A. Technologies, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. that develops products and technologies for improving semiconductor testing. Agilent Ventures' investment is part of a $7 million Series B funding round that includes Austin Ventures, Duchossois Technology Partners, IVF IVF in vitro fertilization. IVF abbr. in vitro fertilization IVF 1 In vitro fertilization, see there 2. Intravascular fluid Ventures and STARTech Early Ventures. Pintail has developed several test-management solutions based on its patent-pending, platform-independent, real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. acquisition technology aimed at reducing the cost and improving the efficiency of semiconductor test. "Agilent Ventures' investment in Pintail Technologies demonstrates our ongoing commitment to seek strategic partnerships with early-stage companies developing innovative technologies for test and measurement solutions," said Maximilian Schroeck, managing director for Agilent Ventures. "This also demonstrates Agilent's ongoing commitment to reduce the total cost of semiconductor test." "In partnership with our semiconductor test business, Agilent Labs, our company's central research organization, is always looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. new ways to increase the throughput and efficiency of semiconductor tests," said Charlie Rothschild, senior director of research and development for Agilent's Automated Test Group and member of Agilent Labs. "We are very excited about potential collaboration opportunities with Pintail to explore new semiconductor test solutions based on the company's real-time data-acquisition technology." "Agilent Ventures' participation in our Series B financing demonstrates Agilent's continued commitment to cutting-edge technologies in test and measurement," said Taylor Scanlon, chief executive officer of Pintail. "We look forward to working with Agilent to solve the semiconductor manufacturers' conflicting needs of higher quality and reduced cost of testing." About Pintail Technologies Pintail Technologies is a semiconductor test improvement company that provides breakthrough software to reduce the cost of test and increase production output and quality through existing test equipment and programs. Pintail has created the first test improvement solutions to combine real-time test process control capabilities with innovative analytical programs in an integrated software suite designed for speed and accuracy. In addition, Pintail solutions impact cost and quality of testing through advanced sampling and parts averaging. Fabless and integrated device manufacturers worldwide, in collaboration with leading test and assembly subcontractors and ATE vendors, use Pintail tools to increase their competitive advantage. More information on the company and its solutions is available at www.pintail.com. About Agilent Ventures Agilent Ventures is a business unit of Agilent Technologies Inc. dedicated to investing globally in groundbreaking, privately held, early-stage technology companies. Additional information about Agilent Ventures is available at www.agilentventures.com. About Agilent Technologies Agilent Technologies Inc. (NYSE:A) is a global technology leader in communications, electronics, life sciences and chemical analysis. The company's 28,000 employees serve customers in more than 110 countries. Agilent had net revenue of $7.2 billion in fiscal year 2004. Information about Agilent is available on the Web at www.agilent.com NOTE TO EDITORS: Further technology, corporate citizenship Corporate Citizenship The extent to which businesses are socially responsible in meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim it to create higher standards of living and quality of life in the community in which it operates, while and executive news is available on the Agilent news site at www.agilent.com/go/news. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion