Agilent Technologies Acquires Assets of Escort Instruments for Low-cost Test and Measurement Market
(Business News & Technology News, 12 Jun 2008)
Agilent Technologies Inc. has acquired substantially all of the assets of Taiwan-based Escort Instruments Corp., a supplier of low-cost test and measurement instruments and a subsidiary of Unitech Printed Circuit Board Corp. The acquisition includes Escort Instruments' R&D, marketing, intellectual property and the majority of the subsidiary's low-cost instrument product portfolio.
The acquisition supports Agilent's growth strategy in the low-cost instrument market, and adds R&D expertise and products to further enhance the company's existing low-cost instrument portfolio. The Escort Instruments assets are being integrated into the Basic Instruments Division of Agilent's Electronic Measurements business.
"The acquisition demonstrates Agilent's commitment to providing high-quality, low-cost instruments to customers worldwide," says Ee Huei Sin, Vice President and General Manager of Agilent's Basic Instruments Division. "Escort Instruments' assets will offer Agilent customers an expanded portfolio of low-cost instruments, and the R&D expertise to continue to grow this product line for the future."