Agilent Technologies Completes Acquisition of ATN Microwave, Developer Of RF Component Test Systems.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)--Jan. 16, 2001 Acquisition to Shorten Development Time of Agilent Solutions for Fast-Growing Wireless Market 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), a leading provider of innovative technologies for communications and life sciences, today announced completion of its acquisition of ATN ATN Acute tubular necrosis, see there Microwave Inc. The companies signed the initial agreement on Dec 6, 2000. ATN, founded in 1984, specializes in microwave measurement solutions for wireless and high-speed data communication applications. Financial terms of the agreement were not disclosed. The acquisition of ATN -- with 26 employees located in North Billerica, Mass. -- provides Agilent with products, engineering expertise, and intellectual property related to multiport device and balanced circuit A balanced circuit is a common method of transmitting many types communications of signals between two points on two wires. In a balanced circuit the individual signals on each wire are inverses of each other as referenced from an arbitrary midpoint between the two signals. measurement, signal integrity measurement and analysis, large-signal and noise characterization, and electronic calibration of test instruments. These areas are increasingly critical in the design and manufacture of components used in the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. . Acquiring ATN allows Agilent to integrate these technologies earlier into its test platforms. There are no plans to relocate the ATN operation and Agilent plans to continue building the ATN operation into a premier application development center for RF component-test solutions. ATN will be part of Agilent's component test business headquartered in Santa Rosa, Calif. About Agilent Technologies Agilent Technologies Inc. (NYSE: A) is a diversified technology company with approximately 47,000 employees serving customers in more than 120 countries. Agilent is a global leader in designing and manufacturing test, measurement and monitoring instruments, systems and solutions, and semiconductor and optical components. In fiscal year 2000, Agilent had net revenue of $10.8 billion. The company serves markets that include communications, electronics, life sciences and healthcare. Information about Agilent Technologies can be found on the Web at www.agilent.com. This news release contains forward-looking statements (including, without limitation, statements relating to the ability of Agilent Technologies to reduce time to market and expand its product offerings and solutions as a result of this acquisition) that involve risks and uncertainties that could cause the results of Agilent Technologies to differ materially from management's current expectations. 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, 1999, and its Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended July 31, 2000, as filed with the Securities and Exchange Commission. |
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