Agilent Technologies

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Agilent Technologies <tr><td colspan="2" style="text-align:center; padding:16px 0 16px 0;"></td></tr>
Type	Public (NYSE: A)
Founded	1999 (from HP)
Headquarters	Image:Flag of the United States.svg Palo Alto, California, USA <tr><th style="text-align:right; padding-right:0.75em;">Key people</th><td>William P. Sullivan CEO</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Industry</th><td>Electronic Testing Equipement, Life Sciences, EDA, Network Analyzers</br></td></tr><tr><th style="text-align:right; padding-right:0.75em;">Revenue</th><td>Image:Green Arrow Up.svg US$ 4.97 billion (2006)[1]</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Operating income</th><td>$465 million</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Net income</th><td>$3.31 billion</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Employees</th><td>~19,000</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Website</th><td>www.agilent.com</td></tr>

Agilent Technologies (NYSE: A) ("Agilent" for short) is a measurement and instrument company headquartered in Santa Clara, California. Agilent's roots are at the founding of Hewlett-Packard in 1939. All of the businesses not related to computers, storage, and imaging were spun off from HP in 1999 to form Agilent. Agilent's spin-off was the largest initial public offering in the history of Silicon Valley.

The spin-off created an $8 billion company with about 30,000 employees, manufacturing scientific instruments, semiconductors, optical networking devices, and electronic test equipment for telecom and wireless R&D and production.

Some claim that Agilent, not HP, is the direct successor of the company culture invented by Bill Hewlett and Dave Packard and known as the HP Way.

1 Product Lines
2 Research and Development
3 Investment Arm
4 Corporate Restructuring
5 Awards
6 Resources
7 External links

[edit] Product Lines

Agilent manufactures many products descended from HP's original product lines.

Image:Agilenttechnologies.jpg

Agilent's major product lines include:

Test & Measurement products such as oscilloscopes, logic analyzers, spectrum analyzers, and electronic design automation (EDA) software
Life Science and Chemical Analysis products such as DNA microarrays, HPLCs, capillary electrophoresis systems and gas chromatographs
Communications Test equipment such as LAN/WAN network analyzers

[edit] Research and Development

Agilent Technologies has a robust research and development program as part of Agilent Laboratories, with active research in MEMS, nanotechnology, and Life Sciences.

[edit] Investment Arm

Agilent Technologies has an active investment group, Agilent Ventures, which invests in high-tech start up companies. Investments include MEMX, Infinera, and Telasics.

[edit] Corporate Restructuring

In 2001, Agilent Technologies sold its healthcare and medical products organization to Philips Medical Systems. HP Medical Products had been the second oldest part of Hewlett-Packard, acquired in the 1950s. Only the original founding test and measurement organization was older.

In August of 2005, Agilent Technologies announced the sale of its Semiconductor Products Group, which produced light-emitting diodes, radio frequency and mixed-signal integrated circuits, to Kohlberg Kravis Roberts & Co., and Silver Lake Partners. The group now operates as Avago Technologies [2], an independent, privately held company. Agilent also sold its 47% stake in the light-emitting diode manufacturer Lumileds to Philips Electronics for just under $1 billion. Lumileds originally started as Hewlett-Packard's optoelectronics division.

Also in August 2005, Agilent announced a plan to spin off its semiconductor test solutions business, composed of both the system-on-chip and memory test market areas. Agilent’s target is to complete an initial public offering of the new company Verigy near mid-2006 when the spin-off is completed.

[edit] Awards

Agilent Technologies received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign starting in 2004, the third year of the report.