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Updated: July 8th, 2008 05:26 PM CDT

Agilent Technologies Acquires Molecular Imaging

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Business Wire
via NewsEdge Corporation

PALO ALTO, Calif.--(BUSINESS WIRE)--Nov. 29, 2005--Agilent Technologies Inc. (NYSE:A) today announced that it has acquired privately held Molecular Imaging Corp., a leading developer and manufacturer of nanotechnology measurement tools. Financial details were not disclosed.

Based in Tempe, Ariz., Molecular Imaging is known for its atomic force microscopes (AFMs), the principal imaging and measurement instruments used by researchers working in nanotechnology. Called the "eyes of nanotechnology," AFMs are used to measure the shape and properties of materials at the nanometer scale.

Agilent already has a solid position in the laser interferometer market to precisely measure distances at the nanometer scale. The acquisition of Molecular Imaging marks the next step in strengthening Agilent's market position in nanomeasurement by extending the company's portfolio into imaging at the nanometer scale through AFMs.

"This is a strategic acquisition for Agilent because it complements our core strength of measurement technology while growing our presence in nanotechnology," said Bob Burns, vice president of Agilent's Nanotechnology Measurements Division. "Molecular Imaging has premier AFM technology that is the high-performance value leader in the market and is the leader in imaging 'in-situ' samples in their natural state."

Nanotechnology is important to Agilent, Burns said, because it is a common denominator between the two chief areas of the company's business -- the electronic measurements side and the analytical measurements side, which concentrates on life sciences and chemical analysis.

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