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Financing › Details

Sigsense Technologies–Agilent: investment, 202407 acquisition €na of Sigsense by Agilent

 

Period Period 2024-07-29
  Predecessor Agilent–Sigsense Technologies: lab management software, 202407 supply existent Sigsense technology available via Agilent CrossLab Connect
Organisations Money taker Sigsense Technologies (US)
  Money source Agilent Technologies, CrossLab Group (ACG) [Services + Consumables]
Products Product AI-based laboratory management software
  Product 2 laboratory equipment management services
Person Person Jehle, Armin (Agilent 202407 VP Agilent CrossLab Services Division)
     

Agilent Technologies Inc.. (7/29/24). "Press Release: Agilent Acquires Sigsense, Creator of AI-enabled Lab Operations Technology". Santa Clara, CA.

Technology helps high-throughput labs operate more efficiently


Agilent Technologies Inc. (NYSE: A) today announced it has acquired Sigsense Technologies, a San Francisco, California-based startup that uses artificial intelligence and power monitoring to help optimize lab operations. Financial terms of the acquisition were not disclosed.

Sigsense technology is already available to Agilent customers through CrossLab Connect, a suite of digital applications—inventory management, service management, asset monitoring, smart alerts, and asset lifecycle analytics—that improve lab performance.

Integrated into the Agilent CrossLab Connect asset monitoring solution, Sigsense’s algorithm tracks instrument utilization and status across all scientific assets, regardless of vendor or manufacturer. The operational insights collected from the technology alert lab managers of assets that are underperforming and how to optimize them.

“We are excited to welcome the Sigsense team to Agilent. They are an innovator in leveraging artificial intelligence for lab operations,” said Armin Jehle, vice president, Agilent CrossLab Services Division. “By working closely as one team, we will extend their AI technology further, enabling more customers to gain more insights that contribute to reduced downtime and increased productivity.”

Asset monitoring is particularly important for commercial labs with large instrument fleets, intense testing schedules, and quick turnaround times.

CrossLab Connect monitors a wide range of instruments, including chromatography, mass spectrometry, spectroscopy, liquid handlers and plate readers, flow cytometry, centrifuges, NMR, sequencers, PCR, and more.

With this transaction, Sigsense employees, IP, and assets are now part of the Agilent CrossLab Group. Additional information for customers of Sigsense is available here.


About CrossLab Connect

CrossLab Connect is a digital suite of laboratory applications and sensor technologies that accelerate laboratory performance with wide-ranging visibility and control over a lab’s instrument fleet. The comprehensive view of operations provided by CrossLab Connect improves lab planning and optimizes operational spend, while reducing workflow disruption.

Additional CrossLab Connect Resources

CrossLab Connect Digital Applications
Asset Monitoring
Service Manager
Inventory Manager
Smart Alerts
Asset Lifecycle Analytics
Learn how CrossLab Asset Monitoring can inform lab investment decisions (video)
Request a demo of CrossLab Connect


About Agilent Technologies

Agilent Technologies Inc. (NYSE: A) is a global leader in analytical and clinical laboratory technologies, delivering insights and innovation that help our customers bring great science to life. Agilent’s full range of solutions includes instruments, software, services, and expertise that provide trusted answers to our customers' most challenging questions. The company generated revenue of $6.83 billion in fiscal 2023 and employs approximately 18,000 people worldwide. Information about Agilent is available at www.agilent.com. To receive the latest Agilent news, subscribe to our Newsroom. Follow Agilent on LinkedIn and Facebook.


Investor Contact

Parmeet Ahuja
+1 408 345 8948
parmeet_ahuja@agilent.com
Media Contact

Sarah Litton
+1 408 361 0405
sarah.litton@agilent.com

   
Record changed: 2024-07-30

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