Agilent Technologies Acquires Wavefront Research Assets to Extend Capabilities in Fiber-optic Technology.Business Editors/High-Tech Writers 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.--(BUSINESS WIRE)--March 16, 2001 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 : A) announced today that it has acquired intellectual property and selected assets from Wavefront Noun 1. wavefront - (physics) an imaginary surface joining all points in space that are reached at the same instant by a wave propagating through a medium wave front Research Inc. (WRI WRI Wolfram Research, Inc. (makers of Mathematica) WRI World Resources Institute WRI War Resisters' International WRI Western Research Institute (Laramie, WY) WRI Water Research Institute ), a privately held optical-component company located in Bethlehem, Pa. Financial terms of the transaction were not disclosed. The purchase is part of Agilent's ongoing investment in the high-growth fiber-optic communications area and adds capabilities that will afford Agilent time-to-market advantages in its expanding fiber-optic component offerings. "This acquisition continues Agilent's focus on fiber-optic technology used in communications networks," said John O'Rourke John W. O'Rourke (August 23, 1849 - June 23, 1911) was a 19th century baseball player. Between 1879 and 1883, he played in the National League with the Boston Red Caps (1879-1880) and in the American Association for the New York Metropolitans (1883). , vice president and general manager of Agilent's Optical Networking Division. About Wavefront Research, Inc. Wavefront Research, Inc. is a five-engineer R&D company specializing in the development of novel optical systems and technologies that solve key problems that evade conventional solutions. Information about WRI can be found on the Web at www.wavefrontresearch.com. About Agilent Technologies Agilent Technologies Inc. (NYSE: A) is a global technology leader in communications, electronics, life sciences and healthcare. With 48,000 employees serving customers in more than 120 countries, Agilent had net revenue of $10.8 billion in fiscal year 2000. Information about Agilent can be found on the Web at www.agilent.com. This news release contains forward-looking statements (including, without limitation, statements relating to the addition of capabilities that will afford time-to-market advantages to Agilent Technologies) that involve risks and uncertainties that could cause results of Agilent Technologies to differ materially from management's current expectations. These and other risks are detailed in Agilent's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended October 31, 2000, as filed with the Securities and Exchange Commission. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion