Mergers and Acquistions News
Categories: IT Services & Consulting
July 27th 2009, 17:27PM
Agilent Technologies and Varian have announced that they have signed a definitive agreement under which Agilent will acquire Varian.
Under the terms of the deal, Agilent will pay $52 (£31.57) in cash per share of common stock for Varian in a transaction valued at approximately $1.5 billion (£910 million).
The acquisition will broaden Agilent's range in the life sciences, environmental, energy and materials sectors.
"For more than 60 years, Varian has built rich talent, technology, products and relationships in this area," commented Bill Sullivan, president and chief executive officer of Agilent.
"The combination of Varian with Agilent's bio-analytical measurement business will result in the broadest product offering in the industry."
Varian provides scientific instruments, vacuum technologies, laboratory supplies and software to research facilities around the world.
Recently Agilent introduced NanoSuite 5.0, a more powerful version of its Nanosuite software package designed for use with the company's range of testing instruments.
Related News
Categories
- BPO (28)
- Hardware (70)
- IT Services & Consulting (176)
- Media & Information Services (116)
- Semi-Conductors (64)
- Software (143)
- Telecoms (242)
Archive
- September 2010 (7)
- August 2010 (20)
- July 2010 (21)
- June 2010 (21)
- May 2010 (19)
- April 2010 (20)
- March 2010 (20)
- February 2010 (20)
- January 2010 (20)
- December 2009 (19)
- November 2009 (19)
- October 2009 (20)