M&A Deal Summary

Agilent Acquires Nano Instruments

On June 30, 2008, Agilent acquired test/measurement equipment company Nano Instruments from MTS Systems

Acquisition Highlights
  • This is Agilent’s 2nd transaction in the Test/Measurement Equipment sector.
  • This is Agilent’s 10th transaction in the United States.
  • This is Agilent’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2008-06-30
Target Nano Instruments
Sector Test/Measurement Equipment
Buyer(s) Agilent
Sellers(s) MTS Systems
Deal Type Divestiture

Target

Nano Instruments

Oak Ridge, Tennessee, United States
Nano Instruments is a supplier of nanoindentation systems and related equipment as well as supporting software.

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Buyer(S) 1

Buyer

Agilent

Santa Clara, California, United States
Category Company
Founded 1999
Sector Test/Measurement Equipment
Employees17,600
Revenue 6.8B USD (2023)
DESCRIPTION
Entrance to Agilent's headquarters in Santa Clara, California.
Entrance to Agilent's headquarters in Santa Clara, California.

Agilent is a producer of solutions that includes instruments, software, services, and consumables for the entire laboratory workflow. Agilent's life sciences and applied markets business provide 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 was founded in 1999 and is based in Santa Clara, California.

DEAL STATS #
Overall 11 of 38
Sector (Test/Measurement Equipment) 2 of 9
Type (Divestiture) 2 of 2
State (Tennessee) 1 of 1
Country (United States) 10 of 28
Year (2008) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-17 Velocity11

Menlo Park, California, United States

Velocity11 designs, manufactures and markets robotic solutions that range from standalone instrumentation to bench-top automation solutions to large, multi-armed robotic systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-03 Hycor Biomedical

Garden Grove, California, United States

Hycor Biomedical, Inc. manufactures and markets high quality diagnostic products used in clinical laboratories throughout the world to test for a range of medical disorders. Hycor Biomedical was founded in 1981 and is based in Garden Grove, California.

Sell -

Seller(S) 1

SELLER

MTS Systems

Eden Prairie, Minnesota, United States
Category Company
Founded 1966
Sector Test/Measurement Equipment
Employees3,500
Revenue 893M USD (2019)
DESCRIPTION
Entrance to MTS Systems' corporate headquarters in Eden Prairie, Minnesota.
Entrance to MTS Systems' corporate headquarters in Eden Prairie, Minnesota.

MTS Systems Corp. is a provider of testing hardware, software and services solutions to help customers accelerate and improve their design, development, and manufacturing processes. MTS' high-performance position sensors provide controls for a variety of industrial and vehicular applications. MTS Systems was formed in 1966 and is based in Eden Prairie, Minnesota.

DEAL STATS #
Overall 1 of 2
Sector (Test/Measurement Equipment) 1 of 2
Type (Divestiture) 1 of 2
State (Tennessee) 1 of 1
Country (United States) 1 of 2
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-05-06 Nano Instruments

Oak Ridge, Tennessee, United States

Nano Instruments is a supplier of nanoindentation systems and related equipment as well as supporting software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-02 SANS Group

Shenzhen, China

SANS Group is a manufacturer and supplier of static material testing instruments.

Buy $44M
Mergr

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