Xpedion's and Agilent's combined technologies are used by virtually all key companies designing RFICs. Agilent is recognized as the leader in RF design and simulation, with proven breadth and depth. By adding Xpedion's products to its portfolio, Agilent will increase its emphasis on design verification and Design for Manufacturing (DFM), giving customers an indispensable design flow covering RFIC design, design verification and DFM.
"With Xpedion's employees now part of Agilent, our combined organization will continue to listen to customer needs and drive innovation to address the challenges in the ever more complex RFIC market," said Jim McGillivary, vice president and general manager of Agilent's EEsof EDA division.
"Increasingly, analog IC designers are struggling to accurately characterize their designs prior to tape out," said Paul Pickering, GoldenGate marketing manager at Agilent. "Xpedion's technology will enable Agilent to expand the solutions for verification analysis and address many of the deficiencies experienced when designers depend solely on time domain analysis. More simply put, we deliver the valuable simulation that is critical to getting high-frequency chips to market."
GoldenGate is Xpedion's flagship product, which enables RFIC designers to analyze their designs at the transistor level faster and more accurately. The GoldenGate R&D team is continuing work in the next release of the product, which is on schedule for early calendar 2007.
"Our first priority is to make this transition as seamless as possible for Xpedion's customers," said Neil Martin, marketing manager for Agilent's EEsof Division.
About Agilent Technologies
Agilent Technologies Inc. (NYSE: A) is the world's premier measurement company and a technology leader in communications, electronics, life sciences and chemical analysis. The company's 20,000 employees serve customers in more than 110 countries. Agilent had net revenue of $5.1 billion in fiscal year 2005. Information about Agilent is available on the Web at www.agilent.com.
Forward-Looking Statements
This news release contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The forward-looking statements contained herein include, but are not limited to, information regarding Agilent's design verification and DFM business and design flow covering RFIC design, design verification and DFM, the combined product portfolio of Agilent and Xpedion following the closing, the ability of Agilent to address changes in the marketplace, the ability of Agilent to expand the solutions for verification analysis and the timing of the next product release. These forward-looking statements involve risks and uncertainties that could cause Agilent's results to differ materially from management's current expectations. Such risks and uncertainties include, but are not limited to, risks associated with changes in demand for Agilent's and Xpedion's products and risks associated with the development generally of Agilent's overall strategic objectives.
In addition, other risks that Agilent faces in running its operations include the ability to execute successfully through business cycles; ongoing competitive, pricing and gross margin pressures; the impact of geopolitical uncertainties on our markets and our ability to conduct business; the ability to improve asset performance to adapt to changes in demand; the ability to successfully introduce new products at the right time, price and mix and other risks detailed in Agilent's filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the period ended April 30, 2006, and our Annual Report on Form 10-K for the period ended Oct. 31, 2005. Forward-looking statements are based on the beliefs and assumptions of Agilent's management and on currently available information. Agilent undertakes no responsibility to publicly update or revise any forward-looking statement.
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Contact:
Agilent Corporate Michele Drake, 650-752-5296 Email Contact or Agilent Janet Smith, 970-679-5397 Email Contact