Agilent Technologies completes divestiture of semiconductor products business for $2.66 billion


Agilent Technologies Inc. announced that it has completed the divestiture of its Semiconductor Products business to Kohlberg Kravis Roberts & Co. (KKR) and silver Lake Partners for $2.66 billion, subject to various closing-related adjustments.

The divestiture is one in a series of actions Agilent announced on Aug. 15, 2005, designed to enhance the company's focus as a pure-play measurement company and to create tangible value for its shareholders. The divestiture includes 6,500 employees and operations in Asia, the United States and Europe.

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