Agilent Technologies acquires specific assets of A2 Technologies Agilent Technologies Inc.
Financial details weren’t disclosed for the acquisition, that was first announced Jan. 19. The acquisition works with Agilent’s goal of growing its spectroscopy business. Substantially all of A2 Systems’ intellectual property, technology and spectroscopy item portfolio are now component of Agilent’s Spectroscopy Solutions Division within its Chemical Analysis Group. All former A2 Technologies workers have joined Agilent.. Agilent Technologies acquires specific assets of A2 Technologies Agilent Technologies Inc.Consolidated revenue for the third quarter of 2011 was $36.7 million, up 69 percent over the comparable prior year quarter consolidated revenue of $21.7 million. The upsurge in revenue was the consequence of a full quarter of AVR sales totaling $5.6 million, the continued growth of products launched this year 2010 and strong organic growth in established injectable and ophthalmic products. Consolidated gross margin for the third one fourth of 2011 was 60 percent in comparison to 53 percent in the comparable prior year period. Sustained improvements in gross margin will be the result of favorable product mix, selected price raises and higher usage of plant capacities.