Agilent Technologies Completes Acquisition of Certain Assets of Pixel Devices International, Developer of Leading-Edge CMOS Imaging Technology.Business Editors PALO ALTO, Calif.--(BUSINESS WIRE)--Feb. 7, 2003 Agilent Technologies Inc. (NYSE NYSE See: New York Stock Exchange :A) today announced the successful completion of its acquisition of the intellectual property and certain other assets other assets Assets of relatively small value. For financial reporting purposes, firms frequently combine small assets into a single category rather than listing each item separately. of Pixel Devices International Inc. (PDI PDI Protein Disulfide Isomerase PDI Personal Docente e Investigador (Spanish: Personal Educational and Investigating) PDI Pre Delivery Inspection PDI Professional Development Institute ), a developer of complementary metal oxide semiconductor See CMOS. (integrated circuit) Complementary Metal Oxide Semiconductor - (CMOS) A semiconductor fabrication technology using a combination of n- and p-doped semiconductor material to achieve low power dissipation. (CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. ) image sensor technology. Agilent and PDI had announced an acquisition agreement on Jan. 31, 2003. Financial details were not disclosed. Key PDI employees, including CMOS imaging pioneer Boyd Fowler, PDI's chief technical officer, are now part of Agilent's Semiconductor Products Group in San Jose, Calif. PDI's focus has been on ultra low-noise CMOS image sensors for industrial and biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. systems. Their "active reset" technology can reduce noise by one or two orders of magnitude compared to traditional CMOS pixel technologies, enabling low-light imaging for embedded cell phone cameras or for high-speed industrial and biomedical camera applications. Agilent, the world's leading provider of CMOS image sensors, plans to use PDI's low-noise technology to enhance low-light imaging capability. Agilent is currently developing miniature camera modules to be embedded in wireless handsets. About Pixel Devices International Pixel Devices International designs and manufactures high-speed, low-noise image sensors and cameras. The sensors have very high sensitivity and are designed for high-speed, low-light level imaging. About Agilent Technologies Agilent Technologies Inc. (NYSE:A) is a global technology leader in communications, electronics and life sciences. The company's 35,000 employees serve customers in more than 110 countries. Agilent had net revenue of $6 billion in fiscal year 2002. Information about Agilent is available on the Web at www.agilent.com. Forward-Looking Statements This news release contains forward-looking statements (including, without limitation, statements relating to Agilent's plan to use the PDI technology to enhance its low-light imaging capability, and Agilent's development of miniature camera modules to be embedded in wireless handsets) that involve risks and uncertainties that could cause results to differ materially from management's current expectations. These risks are detailed in reports filed with the Securities and Exchange Commission, including 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. filed Dec. 20, 2002; and Current Report on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. filed on Jan. 24, 2003. NOTE TO EDITORS: Further technology, corporate citizenship and executive news is available on the Agilent news site at www.agilent.com/go/news. |
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