Agilent Technologies, whose products are locally distributed by Concilium Technologies, has announced a substantial acquisition of the assets of Taiwan-based Escort Instruments, an established supplier of low-cost test and measurement instruments and a subsidiary of Unitech Printed Circuit Board. Financial details were not disclosed.
“This is great news for us as we will soon be able to offer our South African customers a wider spectrum of test and measurement solutions, particularly in the education sector where both performance and affordability go hand in hand, and where local expertise and support is important,” says Steve Alves, managing director of Concilium Technologies.
The acquisition includes Escort’s R&D, marketing, intellectual property and the majority of the subsidiary's low-cost instrument product portfolio. This will support Agilent's growth strategy in the low-cost instrument market, and adds R&D expertise and products to further enhance the company's existing low-cost instrument portfolio.
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