Agilent TechnologiesThe analytical and clinical testing technology provider announced that it has acquired Sigsense, a company that offers AI-enabled monitoring systems for laboratory equipment.
Agilent provides laboratories in 110 countries with instruments, software, services and consumables to help scientists produce accurate results and economic, scientific and operational success.
Sigsense provides AI-enabled technology that allows labs to monitor equipment usage, condition, and capacity in real time. The company’s sensors collect data and interpret it as equipment operational metrics.
Sigsense’s tracking algorithms are already available to Agilent customers through its CrossLab Connect asset monitoring solution, which gives lab managers insight into which technical assets are underperforming and how they can be optimized.
“We are pleased to welcome the Sigsense team to Agilent. They are innovators in applying artificial intelligence to laboratory operations,” Armin Yale, vice president of Agilent CrossLab Services, said in a statement.
“By working closely together as one team, we can further scale our AI technology to help more customers gain more insights that contribute to reducing downtime and increasing productivity.”
Larger trends
Agilent Technologies is a publicly traded company headquartered in California, while Sigsense is privately held.
Agilent debuted on the New York Stock Exchange (NYSE:A) in 1999, trading at $27.20 per share. In stock now The company’s shares fell on Monday after the acquisition was announced.
