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Keithley Sells RF to Agilent

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CLEVELAND, Nov. 20, 2009 – Electronic test systems maker Keithley Instruments Inc. announced Thursday that it is selling its radio-frequency product line to Agilent Technologies Inc. of Santa Clara, Calif., for $9 million in cash. The company is making the sale to focus on its core business, said Joseph P. Keithley, chairman, president and CEO, and to use that business to support new growth opportunities in areas such as energy-efficiency-related devices and materials. “The impact of the economic downturn changed the expected timing of the returns we were anticipating from our RF product line, extending them...Read full article

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    Published: November 2009
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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