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Agilent to acquire Iowa company for $250 million [MarketWatch]

AGILENT TECHNOLOGIES (A)  More Company Research Source: MarketWatch
Last agilent technologies earnings: 8/14 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.agilent.com
PDF Agilent to acquire Iowa company for $250 million Agilent Technologies Inc. A, +2.33% announced Wednesday evening that it has agreed to buy Advanced Analytical Technologies Inc. for $250 million in cash. The 20-year-old private company, which is based in Iowa and has about 100 employees, focuses on tools to analyze molecules using a technique called electrophoresis. "Technology advances in genomics, metabolomics, and proteomics are driving growth and demand for innovative new solutions," Agilent executive Stefan Schuette said in Wednesday's announcement. Agilent did not provide information on how the acquisition would affect its finances nor a targeted closing date. Agilent shares were stable in late trading following the announcement, after closing with a 2.3% gain at $69.70. [Read more]

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