Mergers & acquisitions

Agilent Completes Silicon Micro Buy

BÕBLINGEN, Germany -- Agilent Technologies Inc. today announced the completion of its acquisition of Gefran Silicon Micro Systems S.r.l., a fiber optic technology laboratory, for approximately US $55 million in cash, through Agilent’s Italian subsidiary. Gefran Silicon Micro Systems S.r.l. was an operation of Gefran Sensori S.r.l., a subsidiary of Gefran S.p.A., of Provaglio d’Iseo, Italy.

The acquisition of the Northern Italy-based Silicon Micro Systems is part of Agilent’s ongoing investment in the high?growth fiber?optic area. It adds capabilities that are expected to afford Agilent time-to-market advantages in its expanding fiber optic component offerings. Silicon Micro Systems is now part of Agilent’s Turin Technology Center (TTC), which focuses on fiber optic technology used in communications networks. Silicon Micro Systems’ expertise complements Agilent’s strengths in fiber?optic transceivers. The Turin, Italy-based TTC is an operation within the Network Solutions Division of Agilent’s Semiconductor Products Group.

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