Agilent Technologies is an American public research, development and
manufacturing company established in 1999 as a spin-off from
Hewlett-Packard. The resulting IPO of Agilent stock was the largest in
the history of
Silicon Valley at the time.
The company provides analytical instruments, software, services and
consumables for the entire laboratory workflow. Agilent focuses its
products and services on six markets: food, environmental and
forensics, pharmaceutical, diagnostics, chemical and energy, and
research. From 1999 to 2014 the company also produced test and
measurement equipment for electronics; that division was spun off to
2 Products and services
3.2 2010 onwards
4 Corporate governance
6 See also
9 Further reading
9.2 News items
10 External links
Based on 2003 information, Agilent maintained four locations in the
San Francisco Bay area: San Jose, Santa Clara, Santa Rosa and Rohnert
Park. Santa Clara is an R&D site, containing the Agilent
Research Laboratories group. Based on 2006
information, Agilent maintained seven sites in China: an office in
Beijing, and branches in Shanghai, Chengdu, Guangzhou, Shenyang,
Shenzhen and Xi'an. Agilent also has several manufacturing
facilities across Europe, most notably in
Oxfordshire U.K. and
Products and services
Agilent serves analytical laboratories and the clinical and routine
diagnostics markets with a full suite of technology platforms. These
Gas and liquid chromatography
Agilent also provides the lab management services and chemistries and
supplies needed to operate and optimize the science and economics of
Enterprise asset management
Laboratory business intelligence
Equipment management and service
Genomics and Cloning
GC and HPLC columns
Spectrometry and spectroscopy supplies
General laboratory supplies
Agilent Technologies headquarters lobby in Santa Clara, California
Agilent Technologies was created in 1999 by the spin-off of
Hewlett-Packard's (HP's) "Medical Products and Instrument Group",
including instrumentation and chemical analysis, electronic component
and medical equipment product lines.[note 1] The split was
predicated on the difficulty of growing HP's revenue stream and on the
competitive vigor of smaller, more agile competitors. The
company's launch slogan was "Innovating the HP Way", which capitalized
on the strong HP corporate culture. The starburst logo was
selected to reflect "a burst of insight" (or "spark of insight")
and the name "Agilent" aimed to invoke the notion of agility as a
trait of the new firm. The Agilent spin-off was accompanied by an
initial public offering which raised $2.1 billion, setting a record at
In the early 2000s, "economic uncertainty" depressed demand for
Agilent's products, including slow sales of health care products
to hospitals in the United States, which accounted for 60% of the
company's revenue at the time. The downturn also struck sales in
the communications and semiconductor markets, where orders amounting
to $500 million were canceled by buyers. These poor economic
conditions prompted large reductions in force; from a headcount in
1999 of 35,000, which had risen to 48,000 by May 2001, it had by
early 2003 cut 18,500 positions. In 2001, in midst of this
downsizing, Agilent sold its health care and medical products
Philips Medical Systems, and was noted as having a
valuation of about $11 billion. HP Medical Products had been the
second oldest part of Hewlett-Packard, acquired in the 1950s.[citation
In August 2005, Agilent announced the sale of its semiconductor
business, which produced chips for a wide range of consumer and
industrial uses, to
Kohlberg Kravis Roberts
Kohlberg Kravis Roberts and Silver Lake Partners
for $2.66 billion. This move was part of a broad effort to
concentrate "on the test-and-measurement business at its historic
core," and would entail termination of about 1,300 of the company's
28,000 employees. The group operated as a private company, Avago
Technologies, until August 2009, when it was brought public in an IPO.
Broadcom Corporation in 2016, Avago changed its name
Also in August 2005, Agilent sold its 47% stake in the light-emitting
diode manufacturer Lumileds to
Philips for $1 billion. Lumileds
originally started as Hewlett-Packard's optoelectronics division.
Also in August 2005, Agilent announced a plan to divest its
semiconductor test solutions business, composed of both the
system-on-chip and memory test market areas. Agilent listed the new
company as Verigy, mid-2006 on NASDAQ.
In 2009, Agilent announced the closure of a subsection of its Test
& Measurement division. The product lines affected included the
automated optical inspection, solder paste inspection, and automated
X-ray products [5DX]. In 2004 Agilent reported that it had captured
19% of the $244 million (excluding Japan) global imaging inspection
market. On July 27, 2009, Agilent announced they would buy Varian,
Inc., for $1.5 billion. In November 2009, Agilent sold the N2X product
line to IXIA. In February 2010 Agilent announced the selling of its
Network Solutions Division to
JDSU for $162 million.
In 2011, the company along with the University of California, Davis,
announced that it would be establishing the "Davis Millimeter Wave
Research Center". Agilent announced it would increase its life
sciences engagement through the acquisition of Halo Genomics, based in
Uppsala, Sweden, which was involved in next-generation sequencing
On May 17, 2012, Agilent agreed to buy Dako, a Danish cancer
diagnostics company, for $2.2 billion, to expand its presence in the
life sciences industry.
On September 19, 2013, Agilent announced its decision to separate into
two publicly traded companies: Agilent life sciences, diagnostics,
applied markets company, and an electronic measurement company.
The life sciences company will retain the Agilent name and the
electronic measurement company will be called Keysight
Technologies. On October 14 the company announced that it is
exiting its Nuclear Magnetic Resonance business. On November 1 the
formal separation of Agilent and
Keysight Technologies was
completed. Agilent announced it has completed the spin-off of its
electronic measurement business,
Keysight Technologies. Keysight
begins trading on the
New York Stock Exchange
New York Stock Exchange today under the symbol
KEYS. The separation was implemented through a spinoff of Keysight’s
common stock and is intended to be tax-free for U.S. federal income
tax purposes. On Nov. 1, 2014, in a special dividend distribution of
all outstanding shares of Keysight’s common stock, Agilent
shareholders received one share of
Keysight common stock for every two
shares of Agilent common stock held as of close of business Oct. 22,
Agilent celebrates its 50th anniversary in the analytical instruments
Hewlett-Packard Co., Agilent’s predecessor, acquired F&M
Scientific Corp., maker of gas chromatographs, on Aug. 8, 1965. In
September, the company announced it would acquire Seahorse Bioscience
for $235 million.
On 7th of July 2016, Agilent announced that they had acquired U.K.
based Cobalt Light Systems which develop and manufacture Raman
spectroscopy instruments for £40 million in cash. 
In January 2018, the company announced it would acquire Luxcel
Biosciences, increasing the company's cell analysis portfolio.
Agilent's inaugural president and chief executive officer was Ned
Barnholt, and he retained this post at least through 2006.
Barnholt had originally joined
Hewlett-Packard in 1966.
In September 2014, William (Bill) Sullivan announced plans to retire
as Agilent's CEO. Mike McMullen, then president of the company's
Chemical Analysis Group, was to succeed Sullivan as CEO. As part
of the succession plan announcement, McMullen was promoted to the
roles of president and chief operating officer (COO).
In 2015, McMullen was elected by Agilent's board of directors to the
post of CEO, becoming Agilent's third CEO.
As of 2017
Agilent Technologies are mainly held by institutional
investors (T. Rowe Price, BlackRock, Fidelity Investments, The
Vanguard Group, State Street Corporation, and others)
San Francisco Bay Area
San Francisco Bay Area portal
^ Year of establishment: at least one alternative source (Fordahl
2005) places the start year for Agilent as 2000.
^ a b c d e f "US SEC: Form 10-K Agilent Technologies, Inc". United
States Securities and Exchange Commission. Retrieved February 20,
^ a b c d e f Fordahl, Matthew (17 August 2005). "Agilent to sell chip
unit for $2.66 billion, cut 1,300 jobs". Ukiah Daily Journal. Ukiah,
California. p. 3. Retrieved 2015-07-27 – via
^ a b Arensman, Russ (1 October 2002). "Unfinished business: managing
one of the biggest spin-offs in corporate history would be a challenge
even in the best of times. But what Agilent's Ned Barnholt got was the
worst of times". Electronic Business. Reed Business Information
(28.10) – via HighBeam Research.
^ "Company Information". About Agilent. Agilent Technologies.
Retrieved 2015-07-28. [self-published source]
^ a b Herman, Erik L. (2003). The
San Francisco Bay Area
San Francisco Bay Area Jobbank.
Holbrook, Massachusetts: Adams Media. pp. 112–3.
ISBN 9781580628624. OCLC 53991596 – via
^ China Foreign Enterprise Directory 2006 (2nd ed.). Hong Kong: China
Economic Review Publishing. 2005. p. 303. ISBN 9789889825461
Google Books (preview).
^ a b
^ a b Staff (15 August 2000). "Agilent plans to shed 450 full-time
workers". Marketplace. Santa Cruz Sentinel. p. 20. Retrieved
2015-07-28 – via Newspapers.com.
^ "Agilent Technologies: оборудование для
измерений, тестирования и химического
анализа" [Agilent Technologies: Equipment for measurement,
testing and chemical analysis]. DM Lieferant. Retrieved
^ a b c d Belasen, Alan T. (2007). "The Power of Symbols: Creating
Corporate Identity at
Agilent Technologies (Case Study)". The Theory
and Practice of Corporate Communication: A Competing Values
Perspective. Los Angeles, California: SAGE. p. 54.
ISBN 9781412950350. OCLC 122974220 – via
^ "HP names spin-off 'Agilent'". Santa Cruz Sentinel. Associated
Press. 29 July 1999. Retrieved 2015-07-28 – via
^ a b "
Agilent Technologies slashes 4,000 more jobs". Santa Cruz
Sentinel. Associated Press. 24 February 2003. Retrieved 2015-07-28 –
^ a b Bergstein, Brian (18 May 2001). "Agilent earnings fall short".
Santa Cruz Sentinel. Retrieved 2015-07-28 – via
^ a b "Agilent spins off medical supply group to Royal Philips". Santa
Cruz Sentinel. California. Associated Press. 18 November 2000.
Retrieved 2015-07-28 – via Newspapers.com.
^ Bergstein, Brian (13 January 2001). "William Hewlett dies at 87".
Santa Cruz Sentinel. p. A1. Retrieved 2015-07-28 – via
Newspapers.com. HP's test and measurement equipment divisions were
spun off last year into Agilent Technologies, Inc., an $11 billion
^ Agilent Trade News Nov 2004[dead link][self-published source?]
^ Mokhoff, Nicolas (3 August 2011). "Agilent and UC Davis form
millimeter research center". EE Times. San Francisco, California.
^ "Agilent Acquires Two Life Science Companies" (Press release).
Agilent Technologies. 7 December 2011. Retrieved 2015-07-28 – via
Drug Discovery & Development.
^ Scott, Mark (17 May 2012). "Agilent to Buy Dako for $2.2 Billion".
DealB%k. The New York Times. Retrieved 2012-05-21.
Agilent Technologies to Separate Into Two Industry-Leading Public
Companies" (Press release). Agilent Technologies. 19 September 2013.
Retrieved 2015-07-28. [self-published source]
Agilent Technologies Reveals Name of Electronic Measurement
Spin-Off Company" (Press release). Agilent Technologies. January 7,
2014. Retrieved 2015-07-28. [self-published source]
Agilent Technologies to Close Nuclear Magnetic Resonance Business"
(Press release). Agilent Technologies. 14 October 2014. Retrieved
2015-07-28. [self-published source]
^ "Archived copy". Archived from the original on 2016-04-27. Retrieved
Agilent Technologies Acquires Raman
Spectroscopy Innovator, Cobalt
Light Systems Agilent". www.agilent.com. Retrieved 2017-11-02.
^ "Agilent Expands Cell Analysis Portfolio with Luxcel Acquisition -
^ "What they said about William Hewlett". Santa Cruz Sentinel.
Associated Press. 13 January 2001. p. A9. Retrieved 2015-07-28
– via Newspapers.com. -Ned Barnholt, who joined HP in 1966 and is
now president and CEO of
Agilent Technologies Inc. ....
^ a b c d "
Agilent Technologies Announces CEO Transition: Mike
McMullen to Succeed Bill Sullivan in March 2015" (Press release).
Agilent Technologies. 17 September 2014. [self-published source]
^ "Mike McMullen". Company Information. Agilent Technologies.
Retrieved 2015-07-29. [self-published source]
^ "Agilent Technologies, Inc. (A) Ownership Summary".
Leflar, James A. (2001). Practical TPM: Successful Equipment
Management at Agilent Technologies. Portland, Oregon: Productivity
Press. ISBN 9781563272424. OCLC 45493253 – via Google
Frank, Steve (10 September 2000). "Playing the Net". Santa Cruz
Sentinel. Retrieved 2015-07-28 – via Newspapers.com. Q: Last month I
purchased shares of
Agilent Technologies and the price has gone up and
down since then. Are its future prospects solid?
Wikimedia Commons has media related to Agilent Technologies.
Agilent Technologies official web site
"History Links: HP, Agilent, EDS, Compaq, Tandem..." Hewlett-Packard
Alumni Association, Inc. Retrieved 19