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[Industry News] Agilent Acquires Assets Of Escort Instruments Corp. Jack Browne | ED Online ID #19170 | June 12, 2008
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.
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