SANTA CLARA, Calif., 16 Aug. 2007.Agilent Technologies Inc. and NetworkFab Corp. have signed a definitive agreement for NetworkFab to join Agilent. Privately held NetworkFab designs and builds advanced signal intelligence, communications, and jammer systems for the U.S. military, intelligence agencies, and law enforcement groups. The transaction is subject to various standard closing conditions and is expected to close in 30 to 60 days. Financial details were not disclosed.
NetworkFab's core competencies are in radio frequency communications, including direction finding, jamming, antenna design, networking, software design, and custom systems engineering.
When the acquisition is final, NetworkFab will become part of Agilent's recently formed Signal Networks Division, specifically targeted to aerospace/defense. Agilent has a long history of market leadership in the test and measurement industry, including aerospace/defense. By acquiring NetworkFab, Agilent will expand its presence in operational environments to support U.S. government prime contractors.
