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March 6, 2008 -- Agilent Technologies is expanding its nanotechnology development capacity by signing an agreement to acquire TILL Photonics GmbH and completing its acquisition of Colloidal Dynamics.
Both companies will join the recently created Materials Science Solutions Unit within Agilent's Life Science and Chemical Analysis business. Financial details were not disclosed. The TILL Photonics GmbH acquisition is expected to be final at the end of March.
The Agilent Materials Science Solution Unit (MSSU) was formed in 2007 under the leadership of Mike Gasparian, vice president and general manager. MSSU's focus is to provide microscopy, particle analysis, and optical spectroscopy solutions for the materials testing, life sciences and chemical analysis markets, as well as to advance nanotechnology.
TILL Photonics develops and markets life science products for fluorescence microscopy. The acquisition will complement Agilent's atomic force microscope platform and is consistent with Agilent's strategy of providing customers with comprehensive workflow solutions, the company said in a news release.
The acquisition of privately held Colloidal Dynamics enables Agilent to have a complementary suite of particle-analysis solutions to materials science customers in the polymer, specialty chemical, inks/pigments, food, pharmaceutical, and materials research markets, the company said.
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