SANTA CLARA, Calif.--(BUSINESS WIRE)--Jul. 16, 2018--
Agilent Technologies Inc. (NYSE: A) today announced that it has
completed the acquisition of the business assets of ULTRA Scientific,
Inc., a leading provider of chemical standards and certified reference
materials.
Agilent identified chemical standards as a key expansion area that will
enable Agilent to enhance the customer experience by providing complete
workflow solutions. ULTRA Scientific’s extensive catalog of chemical
standards are critical to analytical laboratory workflows and help
customers qualify the performance of their methods to validate and
quantitate results. ULTRA Scientific serves laboratory professionals in
key end markets including environmental, food, forensics,
pharmaceutical, chemical and energy, and academia and government.
“Agilent was one of ULTRA Scientific’s largest customers so we have
great confidence in the team and solutions,” said Steve Cohan, vice
president and general manager of Agilent’s Supplies Division. “We look
forward to combining the teams, and the new opportunities we will have
to leverage our combined strengths and create significant value for our
customers as we work towards our goal of creating complete workflow
solutions.”
Financial terms of the deal are not being disclosed.
More information on ULTRA Scientific’s products and solutions is
available at www.ultrasci.com.
About Agilent Technologies
Agilent Technologies Inc. (NYSE: A) is a global leader in life sciences,
diagnostics, and applied chemical markets. With more than 50 years of
insight and innovation, Agilent instruments, software, services,
solutions, and people provide trusted answers to its customers' most
challenging questions. The company generated revenues of $4.47 billion
in fiscal 2017 and employs 14,200 people worldwide. Information about
Agilent is available at www.agilent.com.
Forward-Looking Statements
This news release contains forward-looking statements as defined in the
Securities Exchange Act of 1934 and is subject to the safe harbors
created therein. The forward-looking statements contained herein
include, but are not limited to, statements regarding the capabilities
and expertise the acquisition brings, the ability to supply industry
requirements and acceleration of growth. These forward-looking
statements involve risks and uncertainties that could cause Agilent’s
results to differ materially from management’s current expectations.
Such risks and uncertainties include, but are not limited to, the
ability to integrate Ultra Scientific’s operations with Agilent’s, meet
customer expectations and realize efficiencies from the combined
businesses. In addition, other risks that Agilent faces in running its
operations include the ability to execute successfully through business
cycles; the ability to meet and achieve the benefits of its
cost-reduction goals and otherwise successfully adapt its cost
structures to continuing changes in business conditions; ongoing
competitive, pricing and gross-margin pressures; the risk that our
cost-cutting initiatives will impair our ability to develop products and
remain competitive and to operate effectively; the impact of
geopolitical uncertainties and global economic conditions on our
operations, our markets and our ability to conduct business; the ability
to improve asset performance to adapt to changes in demand; the ability
of our supply chain to adapt to changes in demand; the ability to
successfully introduce new products at the right time, price and mix;
the ability of Agilent to successfully integrate recent acquisitions;
the ability of Agilent to successfully comply with certain complex
regulations; and other risks detailed in Agilent’s filings with the
Securities and Exchange Commission, including our quarterly report on
Form 10-Q for the quarter ended April 30, 2018. Forward-looking
statements are based on the beliefs and assumptions of Agilent’s
management and on currently available information. Agilent undertakes no
responsibility to publicly update or revise any forward-looking
statement.
NOTE TO EDITORS: Further technology, corporate citizenship and executive
news is available on the Agilent news site at www.agilent.com/go/news.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180716005802/en/
Source: Agilent Technologies Inc.
EDITORIAL CONTACTS:
Agilent Technologies:
Victoria
Wadsworth-Hansen (Business), +1 408-553-2005
+ 45 29336980
victoria.wadsworth-hansen@agilent.com
or
Stefanie
Notaney (Enterprise), +1 408-345-8955
stefanie.notaney@agilent.com
or
INVESTOR
CONTACT:
Alicia Rodriguez, +1 408-345-8948
alicia_rodriguez@agilent.com