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Agilent Technologies And CSELT Telecom Italy Sign Agreement: Agilent Acquires Optical Technology Center.


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)--Feb. 23, 2000

Acquisition to Speed Agilent's Delivery of 10Gb/s and DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM.

DWDM - wavelength division multiplexing
 

Technologies to Telecom and Datacom Markets

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) today announced the signing of an agreement to acquire the Optical Technology Center (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
) from Telecom Italia's central research laboratory, CSELT CSELT Centro Studi e Laboratori Telecomunicazioni (Turin, Italy) . With this move, Agilent will acquire 50 OTC research employees and modern facilities in Turin, Italy, including advanced laboratory equipment and the research center's patent portfolio.

The acquisition is expected to be completed within a month, subject to the closing conditions and approval from the Italian Antitrust Authority. Financial terms of the acquisition were not disclosed.

OTC's advanced technology and research facilities are expected to accelerate Agilent's delivery of 10 gigabits per second (Gb/s) and dense wavelength division multiplexer (DWDM) technologies to the telecom and datacom markets. Agilent is the world's largest manufacturer of optoelectronics and fiber-optic modules for the networking industry. The acquisition strengthens Agilent's ability to provide leading-edge component technology to the networking industry.

"This acquisition is an excellent example of how Agilent identifies key opportunities that strategically fit our business portfolio and how we quickly maximize their potential," said Bill Sullivan, senior vice president and general manager of Agilent's Semiconductor Products Group.

Agilent plans to keep the research center in its current modern facilities in Turin, Italy, which it will lease from CSELT. The 40,000 square-foot facility contains a clean room for epitaxy epitaxy

Process of growing a crystal of a particular orientation on top of another crystal. If both crystals are of the same material, the process is known as homoepitaxy; if the materials are different, it is known as heteroepitaxy.
 and processing, as well as characterization and packaging laboratories.

"We plan to make today's more exotic technologies such as 10Gb/s and DWDM as common as fast Ethernet An earlier name for 100Mbps Ethernet. See 100Base-T.

(networking) Fast Ethernet - A version of Ethernet developed in the 1990s(?) which can carry 100 Mbps compared with standard Ethernet's 10 Mbps. It requires upgraded network cards and hubs.
 by marrying this leading-edge research with our high-volume manufacturing capability," said David Parker David Parker is the name of:
  • David Parker (politician) (born 1960), New Zealand politician
  • David Parker (director) (born 1947), Australian cinematographer
  • David Parker (climatologist), head of climate monitoring at the Hadley Centre
, general manager of the Ipswich Components Operation (ICO ICO Icon (File Name Extension)
ICO In Case Of
ICO Information Commissioner's Office (UK)
ICO Instituto de Crédito Oficial (Spain: Official Credit Institute) 
).

OTC will become part of Agilent's Fiber Optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber  Communications Division and will be closely linked to ICO's single-mode, fiber-optic component facility in Ipswich, England.

"One of the most challenging aspects of our business is to obtain the resources needed to deliver the next level of network capacity," said Paul Engle, general manager for Agilent's Fiber Optics Communications Division. "We are thrilled to gain 50 of the most talented researchers who will add more than 600 years of combined experience in optical technology to our program."

The OTC has a history of world-class research and participation in collaborative research programs in the field of fiber-optic technology. Agilent also intends to establish a collaboration agreement with CSELT and Telecom Italia.

"Telecom Italia's current effort to focus on core business activities presents an opportunity for us to exploit the potential represented by the people, the knowledge and the state-of-the-art facilities we have in our Group," said Umberto de Julio, senior vice president of Strategies and Innovation for Telecom Italia. "For this reason, the selling of the OTC lab is a success story, considering that it enables us to establish important cooperation for the future."

"The agreement acknowledges the high level of competence reached by the OTC research group over the years," said Cesare Mossotto, general manager of CSELT. "Moving this knowledge from a research lab to a commercial environment is the best way to apply it successfully all around the world."

CSELT was advised by Deutsche Bank in this transaction.

About CSELT

CSELT (Centro Studi e Laboratori Telecominicazioni S.p.A.), founded in 1964, is the Telecom Italia Group's company for the study, research, experimentation and qualification for telecommunications and information technology. About 1,200 researchers operate to define advanced system scenarios, to develop and experiment with innovative solutions and services, and to create a linkage between academics and applied research with a strong presence in international research forums and programs. CSELT helps Telecom Italia Group's companies to develop business solutions for the Internet, data networks, mobile networks, CTI (Computer Telephone Integration) Combining data with voice systems in order to enhance telephone services. For example, automatic number identification (ANI) allows a caller's records to be retrieved from the database while the call is routed to the appropriate party. , multimedia, and other areas of business.

About Agilent Technologies

Agilent Technologies, Inc. (NYSE: A) is a diversified technology company, resulting from Hewlett-Packard Company's plan to strategically realign re·a·lign  
tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns
1. To put back into proper order or alignment.

2. To make new groupings of or working arrangements between.
 itself into two fully independent companies. With 42,000 employees serving customers in more than 120 countries, Agilent Technologies is a global leader in designing and manufacturing test, measurement and monitoring instruments, systems and solutions, and semiconductor and optical components. The company serves markets that include communications, electronics, life sciences and healthcare. The businesses comprising Agilent, a subsidiary of HP, had net revenues of more than $8.3 billion in fiscal year 1999.

Information about Agilent Technologies can be found on the Web at www.agilent.com.
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Date:Feb 23, 2000
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