Agilent Technologies Forms New Division Focused On High-Speed Networking Market
PALO ALTO, Calif.--(BUSINESS WIRE)--Oct. 11, 2000--
Networking Solutions Division Combines World-ClassFiber-Optic and IC Organizations to Deliver High-Value Integrated Solutions
Agilent Technologies Inc. (NYSE:A) today announced that it has formed the Networking Solutions Division (NSD) to focus on the high-speed networking market. The new division unites Agilent's Fiber-optic Communications Division (FCD) and Integrated Circuit Business Divisions (ICBD) to deliver high-value semiconductor solutions that integrate fiber-optic and IC technology. The new division boasts a wide range of customers in the networking arena for its fiber-optic and IC products.
Dick Chang, who has over 30 years of experience at Hewlett-Packard Company and Agilent, will run the group as vice president and general manager, reporting to Bill Sullivan, senior vice president and general manager of Agilent's Semiconductor Products Group. Chang was most recently vice president and general manager of ICBD, and he has held positions in research, marketing, manufacturing and operations since joining HP Labs in 1967. He holds a bachelor of science degree in physics from the California Institute of Technology and a doctorate in applied physics from Stanford University.
"By combining the world's leading fiber-optic transceiver operation with expertise in high-speed networking products and million-gate ASICs, we have assembled a very powerful division," said Chang. "NSD has leading technology and market positions in several hot markets and, most importantly, we have an extremely talented team committed to providing market-leading solutions to our customers."
"There are few, if any, companies in the world that have as much expertise in as wide a range of communications disciplines as Agilent has," said Bill Sullivan. "By adding these two teams together, we expect to leverage these technologies into highly-integrated solutions that deliver increased value and faster time to market for our customers."
About Agilent Technologies
Agilent Technologies Inc. (NYSE:A) is a diversified technology company with approximately 46,000 employees serving customers in more than 120 countries. Agilent is a global leader in designing and manufacturing test, measurement and monitoring instruments, systems and solutions, and semiconductor and optical components. In fiscal year 1999, Agilent had net revenue of more than $8.3 billion. The company serves markets that include communications, electronics, life sciences and healthcare.
Information about Agilent Technologies can be found on the Web at www.agilent.com.
This news release contains forward-looking statements, including without limitation statements relating to future products and customer services, that involve risks and uncertainties that could cause results of Agilent Technologies to differ materially from management's current expectations. These risks are detailed in Agilent's Annual Report on Form 10-K for the year ended October 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended July 31, 2000, as filed with the Securities and Exchange Commission.
CONTACT:
Agilent Technologies Inc.
Don Parkman, 408/654-8794
don-parkman@agilent.com |
