SANTA CLARA, Calif. & CLEVELAND--(BUSINESS WIRE)--Nov. 30, 2009--
Agilent Technologies Inc. (NYSE:A) and Keithley Instruments Inc.
(NYSE:KEI) today announced that the sale of substantially all of
Keithley’s RF product line to Agilent is now complete. As Keithley
previously announced, the parties had signed a definitive agreement for
the sale on Nov. 19, 2009.
“This acquisition is a great fit for Agilent,” said Ron Nersesian,
president of Agilent’s Electronic Measurement Group. “The talented RF
team and the former Keithley product line will be strong additions to
Agilent, building on our leadership position in RF measurements. We look
forward to expanding our RF portfolio for customers.”
“We are pleased that this effective RF team will be able to continue to
contribute at Agilent,” said Joseph P. Keithley, the company’s chairman,
president and chief executive officer. “We believe their expertise and
experience will definitely add value to Agilent’s work in RF.”
About Keithley Instruments, Inc.
With more than 60 years of measurement expertise, Keithley Instruments
has become a world leader in advanced electrical test instruments and
systems. Our customers are scientists and engineers in the worldwide
electronics industry involved with advanced materials research,
semiconductor device development and fabrication, and the production of
end products such as portable wireless devices. The value we provide
them is a combination of products for their critical measurement needs
and a rich understanding of their applications to improve the quality of
their products and reduce their cost of test.
About Agilent Technologies
Agilent Technologies Inc. (NYSE: A) is the world’s premier measurement
company and a technology leader in communications, electronics, life
sciences and chemical analysis. The company’s 17,000 employees serve
customers in more than 110 countries. Agilent had net revenues of $4.5
billion in fiscal 2009. Information about Agilent is available on the
Web at www.agilent.com.
NOTE TO EDITORS: Further technology, corporate citizenship and executive
news is available on the Agilent news site at www.agilent.com/go/news.
Source: Agilent Technologies Inc.
Agilent
Jeff Weber, +1 707-577-2845
jeff_weber@agilent.com
or
Keithley
Mark
J. Plush, +1 440-248-0400
mplush@keithley.com