Agilent Technologies Acquires Assets of Escort Instruments for Low-Cost Test and Measurement Market
SANTA CLARA, CA, June 10, 2008
Agilent Technologies (NYSE: A) has acquired substantially all of the assets of Taiwan-based Escort Instruments, an established supplier of low-cost test and measurement instruments and a subsidiary of Unitech Printed Circuit Board. Financial details were not disclosed.
The acquisition includes Escort Instruments' R&D, marketing, intellectual property, and the majority of the subsidiary's low-cost instrument product portfolio.
The acquisition supports Agilent's growth strategy in the low-cost instrument market and adds R&D expertise and products to enhance the company's existing low-cost instrument portfolio. The Escort Instruments assets are being integrated into the Basic Instruments Division of Agilent's Electronic Measurements business. Twenty Escort Instruments' employees have joined Agilent in Taipei.
About Agilent’s Low-Cost Instruments
An increasing number of field engineers and technicians worldwide are asking for measurement instruments that can be easily transported for installation and maintenance activities. To meet these needs, instruments must have three key attributes: mobility, accuracy, and affordability.
Agilent's low-cost instrument initiative is focused on providing high-value test equipment in these key areas. Products include bench, hand-held, and modular devices such as basic power supplies, digital multimeters, oscilloscopes, USB data acquisition devices, Agilent VEE software, and connectivity gateways.
The industry has taken note. The Agilent U1600A Series of oscilloscopes was voted Product of the Year by readers of Elektronik magazine, and the Agilent U1250A Series of digital multimeters was named an EDN Hot 100 Product and analogZONE's Best Value Portable Test Equipment.
About Agilent Technologies
Agilent Technologies is a premier measurement company and a technology leader in communications, electronics, life sciences, and chemical analysis. The company's 19,000 employees serve customers in more than 110 countries. Agilent had net revenue of $5.4 billion in fiscal year 2007. Information about Agilent is available on the Web at
www.agilent.com.