Agilent Technologies to Acquire Advanced Analytical Technologies
Agilent Technologies is acquiring Advanced Analytical Technologies, Inc. for $250 million to bolster its capillary electrophoresis solutions. The deal expands Agilent's molecular analysis capabilities.
Agilent Technologies announced it has entered into a definitive agreement to acquire Advanced Analytical Technologies, Inc. (AATI), a provider of capillary electrophoresis (CE) solutions.
The cash transaction, valued at $250 million, will enhance Agilent's existing portfolio in automated molecular analysis. AATI specializes in CE-based tools for analyzing biomolecules such as nucleic acids, proteins, and small molecules across various industries.
Agilent stated the acquisition aligns with its growth strategy, integrating AATI's technologies to offer customers a more comprehensive set of solutions. The combination is expected to strengthen Agilent's position in segments like biopharma, academia, and clinical diagnostics.
AATI, founded in 1998 and based in Ankeny, Iowa, employs 101 people. The transaction is subject to customary closing conditions and regulatory approval.
Agilent Technologies is a global leader in life sciences, diagnostics, and applied chemical markets, providing instruments, software, services, and solutions to customers worldwide.