Agilent acquires Eagleware.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. , CA AND NORCROSS, GA -Agilent Technologies Inc. will acquire the assets and business of Eagleware-Elanix, a provider of system and circuit design software for 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. . "Adding Eagleware-Elanix's product line to our portfolio will provide customers with a broader range of products and services for high-frequency design, and a wide range of scalable solutions for customers with varied technical needs and budgets," said Jim McGillivary, vice president and general manager of Agilent's EEsof EDA (1) (Electronic Design Automation) Using the computer to design, lay out, verify and simulate the performance of electronic circuits on a chip or printed circuit board. division. "Agilent has been in the high-frequency EDA software market for 20 years, and this strategic acquisition only strengthens our long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. commitment to that market." The transaction is subject to standard closing conditions. |
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