Agilent Technologies Signs Agreement to Acquire AT4 Wireless' Test Systems Business
SANTA CLARA, Calif. and MALAGA, Spain- Agilent Technologies Inc. (NYSE: A) and AT4 wireless today announced that they have signed a definitive agreement for Agilent to acquire the assets of AT4 wireless' Test Systems business. Privately held AT4 wireless, based in Malaga, Spain, is a global provider of testing services and solutions for wireless communications.
The acquisition is expected to be completed by early August, subject to customary closing conditions. Financial details were not disclosed.
The wireless test portfolio from AT4 wireless will enable Agilent to offer its customers an even broader set of test solutions, especially in the rapidly growing LTE market. In addition, the acquisition will expand Agilent's wireless test footprint by adding NFC/RFID and Bluetooth test solutions for conformance and R&D.
"We are very excited to further extend our lead in wireless test by adding products, test coverage and critical talent through this acquisition," said Guy Séné, president of Agilent's Electronic Measurement Group. "LTE represents the future of wireless communications, and AT4 wireless has a proven track record of delivering innovative conformance and R&D test solutions to the market, when the market needs them."
"We have worked successfully with Agilent for many years, and see this acquisition as a natural fit for both parties," said Luis Fernando Martinez, general director of AT4 wireless. "Going forward, AT4 wireless will continue growing internationally, investing in new testing services to better serve the wireless industry, expanding services for carriers globally and building new testing services in emerging wireless markets."
AT4 wireless' Test Systems business has developed leading-edge technology to provide world-class test solutions to the wireless industry. The Test Systems business has combined the experience gained from 17 years of certification testing activities with advanced system designs and architectures. These test platforms are widely used in the industry, from test houses to chipset manufacturers.
The Test Systems business includes 130 employees in Malaga, who will transfer to Agilent when the acquisition is final.
AT4 wireless' other businesses - Testing & Certification Services and IT Services & Solutions - are not part of the pending acquisition by Agilent.
About AT4 wireless
AT4 wireless is a leading network of testing laboratories offering world-class services for carrier device acceptance, performance, conformance, regulatory, field, functional and interoperability testing as well as worldwide compliance and type approval consulting in over 200 countries.
AT4 wireless offers testing, consultancy, development and training services to a wide range of industries as telecommunications, automotive, health, consumer electronics and security around wireless and cellular technologies.
AT4 wireless offers one-stop testing and compliance services to the telecommunications industry, ensuring an efficient access to the global markets.
AT4 wireless was founded in 1991, has more than 200 employees worldwide and supports customers globally with headquarters in Malaga, Spain, and testing laboratories in the United States, Taiwan and Chile.
For more information, visit www.at4wireless.com.
About Agilent Technologies
Agilent Technologies Inc. (NYSE: A) is the world's premier measurement company and a technology leader in chemical analysis, life sciences, diagnostics, electronics and communications. The company's 20,000 employees serve customers in more than 100 countries. Agilent had net revenues of $6.6 billion in fiscal 2011. Information about Agilent is available at www.agilent.com.
EDITORIAL CONTACTS:
Janet Smith, Agilent Americas
+1 970 679 5397
janet_smith@agilent.com
Twitter: @JSmithAgilent
Belén Garcia, AT4 wireless
+34 95 261 93 09
bgarcia@at4wireless.com
INVESTOR CONTACT:
Alicia Rodriguez, Agilent
+1 408 345 8948
alicia_rodriguez@agilent.com
