LONDON (05/12/2000) - Test equipment manufacturer Agilent Technologies Inc. will acquire the wireless telecommunications software provider Safco Technologies Inc., Agilent announced yesterday.
The companies declined to disclose financial details of the agreement.
Agilent is the new name for the former test and measurement division of Hewlett-Packard Co. [See "HP's Test Technology Spinoff Named: Agilent," July 28, 1999.] It will be spun off as a separate company by June 2, according to a statement from Agilent on the company's Web site. Safco, a provider of wireless planning and analysis services, software systems and data collection products and services, is a subsidiary of Salient 3 Communications Inc.
The acquisition will enable Agilent to expand its wireless communications services, the company said in a statement. Using Safco's resources, Agilent plans to help its wireless telecommunications operator customers to deliver services including wireless e-mail, stock quotes and stock trades, the company said.
Agilent, as a subsidiary of Hewlett-Packard, reported net revenue of more than US$8.3 billion in fiscal year 1999.
In March, Agilent announced the development of the Photonic Switching Platform, which it said will be available by the end of the year. The platform will allow voice, video and data to be switched as optical signals without converting them from photons to electrons, according to Agilent. [See "Agilent's Optical Platform Lights the Way", March 6.]Agilent, in Palo Alto, California, can be contacted +1-650-857-1501 or at http://www.agilent.com/. Safco, in Chicago, can be contacted at +1-773-631-6216 or at http://www.safco.com/. Hewlett-Packard Co., based in Palo Alto, California, can be reached at +1-650-857-1501 or at http://www.hp.com/.
Salient, in Reading, Pennsylvania, can be contacted +1-610-856-5500 or at http://www.salient3.com/.