Agilent Buys PXIT PiecesAgilent Buys PXIT Pieces

SANTA CLARA, Calif. -- Agilent Technologies Inc. (NYSE:A) and PXIT Inc. today announced they have signed a definitive agreement for Agilent to purchase assets of the optical transceiver test segment of PXIT. PXIT, based in Lexington, Mass., is a leading provider of cost-effective signal integrity testing solutions for broadband optical transceiver manufacturers. The transaction is subject to standard closing conditions. Financial details were not disclosed.

The combined technology and capabilities of these companies will allow Agilent to continue to innovate in the strong and evolving manufacturing test market, providing R&D and manufacturing customers with increasingly flexible, cost-effective, fast and accurate test systems. The acquisition benefits both companies by combining PXIT’s technology with Agilent’s worldwide channel to lead the optical transceiver test market. Agilent will make offers to all of PXIT’s Lexington-based employees.

“This acquisition will further strengthen Agilent’s leadership in optical transceiver test systems and supports our ongoing commitment to the manufacturing test market,” said Stephen W. Hinch, general manager of Agilent’s Digital Signal Analysis Business Segment. “PXIT’s vector-sampling technology will provide broadband optical transceiver manufacturers with a cost-effective solution that is flexible, accurate and faster than other technology available today."

Agilent Technologies Inc. (NYSE: A)