Agilent Technologies signs agreement to acquire Scientific Software Inc.

27-May-2005

Agilent Technologies Inc. and privately held Scientific Software Inc. (SSI) announced they have signed a definitive merger agreement for Agilent to acquire SSI, a leading provider of scientific information management solutions. The transaction is subject to closing conditions. Financial details were not disclosed.

The acquisition would bring together Agilent's world-class analytical instrumentation, data systems and services with SSI's strong position in chromatographic data systems and informatics. At closing, Agilent would have one of the largest installed bases of chromatographic data systems, with more than 120,000 installations, and one of the broadest portfolios of laboratory informatics software in the life science and chemical industries.

"We believe that our combined product portfolios will enable customers to unify their lab needs with one software application, handling diverse data, applications and instruments from multiple vendors in a single, seamless and secure environment," said Jim Miller, director of software for Agilent's Life Sciences and Chemical Analysis business. "Scientists can collaborate across laboratory operations, linking information from a wide range of instrument platforms and data sources."

SSI has thousands of customers worldwide and had annual sales of more than $18 million in 2004. Based in Pleasanton, Calif., the company employs about 80 people, most of whom are expected to join Agilent.

Following the acquisition, Agilent plans to continue development and support of each of these product lines with a commitment to open systems, industry standards, and interoperability with other instrument hardware and software providers. Agilent also plans to support and enhance SSI Instrument OEM partnerships.

https://www.analytica-world.com/en/news/46305/agilent-technologies-signs-agreement-to-acquire-scientific-software-inc.html