Agilent Acquires Assets Of Escort Instruments Corp.

Agilent Technologies has acquired substantially all of the assets of Taiwan-based Escort Instruments Corp. Escort, a subsidiary of Unitech Printed Circuit Board Corp., is a well-established supplier of low-cost test and measurement instruments. The acquisition includes Escort's research and development (R&D), marketing intellectual property (IP), and a majority of the subsidiary's low-cost instrument product portfolio. The acquisition strengthens Agilent's position in low-cost instrumentation markets and adds a great deal of R&D expertise in that area. The Escort Instruments assets are being integrated into the Basic Instruments Division of Agilent's Electronic Measurements business.

According to Ee Huei Sin, vice-president and general manager of Agilent's Basic Instruments Division, "The acquisition demonstrates Agilent's commitment to providing high-quality, low-cost instruments to customers worldwide. 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." Agilent's low-cost instrument initiative is focused on providing high-value test equipment in a number of key areas, with a variety of products including basic power supplies, benchtop and handheld digital multimeters, and handheld oscilloscopes.

Agilent Technologies

Discuss this Article 1

revv
on Aug 3, 2012

Obviously this seems to be a smart move at the moment. I hope they'll manage to remain competitive on the market years from now. This is an interesting exercise for me, I am assessing this situation as if this would be my own business, Brad S Cohen offered me this tip to improve my business skills.

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