Agilent - M&A Summary and Business Overview

Test/measurement EquipmentCompany

Agilent M&A Summary

Agilent has acquired 38 companies, including 6 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 7 assets.

Agilent’s largest acquisition to date was in 2012, when it acquired Dako AS for $2.2B. It’s largest disclosed sale occurred in 2005, when it sold Broadcom to Silver Lake for $2.7B. Agilent has acquired in 13 different US states, and 10 countries. The Company’s most targeted sectors include test/measurement equipment (25%) and medical products (19%).

Agilent Business Overview

Where is Agilent headquartered?

Agilent is headquartered in Santa Clara, California.

What is Agilent’s revenue?

Agilent disclosed revenue of 6,848M USD for 2022 and 6,319M USD for 2021.

How many employees does Agilent have?

Agilent has 18,300 employees.

What sector is Agilent in?

Agilent is a test/measurement equipment company.

When was Agilent founded?

Agilent was founded in 1999.

M&A Summary

  • M&A Total Activity44
    • M&A Buy Activity37
    • M&A Sell Activity7
  • Total Sectors Invested 12
  • Total Countries Invested 10
  • M&A Buy/Sell Connections 14
  • M&A Advisors 2

Agilent

Agilent Technologies, Inc.

5301 Stevens Creek Boulevard,
Santa Clara, California 95051
United States,
(800) 227-9770
www.agilent.com

Agilent is a producer of solutions that includes instruments, software, services and consumables for the entire laboratory workflow. The Company's life sciences and applied markets business provides application-focused solutions that include instruments and software that enable customers to identify, quantify and analyze the physical and biological properties of substances and products, as well as enable customers in the clinical and life sciences research areas to interrogate samples at the molecular level. Agilent's diagnostics and genomics business is comprised of three areas of activity providing solutions that include reagents, instruments, software and consumables, which enable customers in the clinical and life sciences research areas to interrogate samples at the cellular and molecular level. The Agilent CrossLab business spans the entire lab with its consumables and services portfolio, which is designed to improve customer outcomes. Agilent was founded in 1999 and is based in Santa Clara, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 32 - 1 2 2 - 37
vol $7.0B $550M $7.5B
Sell (0.0/yr) # 7 - - - - - 7
vol $3.8B $3.8B
  44

Most Recent M&A

Company Date Value Type
e-MSion, Inc. 2023-03-09 - Add-on Acquisition
Corvallis, Oregon · www.e-msion.com
Avida Biomed, Inc. 2023-01-04 - Add-on Acquisition
Fremont, California · www.avidabio.com
Polymer Standards Service GmbH 2022-08-02 - Add-on Acquisition
Mainz, Germany · www.pss-polymer.com
Virtual Control 2022-02-17 - Add-on Acquisition
Hong Kong, China · www.virtualcontrol.com
Resolution Bioscience, Inc. 2021-03-02 550M USD Add-on Acquisition
Redmond, Washington · www.resolutionbio.com
BioTek Instruments, Inc. 2019-07-11 1.7B USD Add-on Acquisition
Winooski, Vermont · www.biotek.com
ACEA Biosciences, Inc. 2018-09-25 250M USD Add-on Acquisition
San Diego, California · www.aceabio.com
ProZyme, Inc. 2018-06-28 - Add-on Acquisition
Hayward, California · www.prozyme.com
Ultra Scientific 2018-05-30 - Add-on Acquisition
North Kingstown, Rhode Island · www.ultrasci.com
Genohm SA 2018-05-02 - Add-on Acquisition
Lausanne, Switzerland · www.genohm.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Varian, Inc. 2010-05-14 Cota, Inc. 2020-11-10 2
Santa Clara, California · www.varianinc.com New York, New Jersey · www.cotahealthcare.com

M&A by Sector

Sector Buy # Value Sell # Value
Test/Measurement Equipment 9 (24%) 1.6B (21%) 2 (29%) 165M (4%)
Medical Products 7 (19%) 4.3B (57%) 1 (14%) -
Software 5 (14%) - 1 (14%) -
Life Science 5 (14%) 627M (8%) - -
Information Technology 3 (8%) 915M (12%) 1 (14%) -
Semiconductors 1 (3%) - 2 (29%) 3.7B (96%)
Internet Software and Services 2 (5%) - - -
Chemicals 1 (3%) - - -
Defense 1 (3%) - - -
Machinery 1 (3%) 105M (1%) - -
Plastics 1 (3%) - - -
Technology Hardware 1 (3%) - - -
Total 37 $7.5B 7 $3.8B

By Geo

State/Country Buy Value Sell Value
United States 28 5.2B 5 2.8B
  California 13 2.4B 5 2.8B
  Massachusetts 4 235M - -
  Wisconsin 1 - - -
  Washington 1 550M - -
  Vermont 1 1.7B - -
  Texas 1 105M - -
  Tennessee 1 - - -
  Rhode Island 1 - - -
  Oregon 1 - - -
  New Hampshire 1 - - -
  Iowa 1 250M - -
  Georgia 1 - - -
  Connecticut 1 - - -
Netherlands 1 - 1 1.0B
Belgium 1 77M - -
China 1 - - -
Denmark 1 2.2B - -
France - - 1 -
Germany 1 - - -
Ireland 1 - - -
Sweden 1 - - -
Switzerland 1 - - -
United Kingdom 1 62M - -
Domestic 28 (76%) 5.2B (69%) 5 (71%) 2.8B (74%)
Cross-border 9 (24%) 2.3B (31%) 2 (29%) 1.0B (26%)
Total 37 $7.5B 7 $3.8B

Top M&A Advisors

Financial Deals
Credit Suisse Investment Banking
1
Thomas Weisel Partners
1

Deal Values

buy # Total
> $1B 3 $5.4B
$100M to $1B 6 $2.1B
< $100M 2 $138M
TOTAL $7.5B
Largest Dako AS
$2.2B (2012-05-17)
sell # Total
> $1B 2 $3.7B
$100M to $1B 1 $165M
TOTAL $3.8B
Largest Broadcom Inc.
$2.7B (2005-08-01)

M&A Connections

Deals
Acquired from
Investor(s)
5%
2 (5%)
Strategic(s)
5%
2 (5%)
Divested to
Investor(s)
29%
2 (29%)
Strategic(s)
57%
4 (57%)

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