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Agilent completed the acquisition of Advanced Analytical Technology for $250m.

Synopsis

Agilent Technologies, a global leader in life sciences, diagnostics, and applied chemical markets completed the acquisition of Advanced Analytical Technologies a provider of capillary electrophoresis-based (CE) solutions for the fully-automated analysis of a range of molecules for $250m in cash. This acquisition will enhance Agilent's existing expertise and technology while giving customers a more comprehensive set of solutions. "This acquisition is another great example of Agilent effectively deploying our capital to create value for our customers and our shareholders. AATI's complementary products strengthen our existing strong portfolio of solutions and provide further opportunities to accelerate our growth," Patrick Kaltenbach, Agilent's Life Sciences and Applied Markets Group President.

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