Agilent Acquires Sigsense, Creator of AI-Enabled Lab Operations Technology
Agilent Technologies Inc. (NYSE: A) has acquired Sigsense Technologies, a San Francisco-based startup specializing in AI-enabled lab operations technology. The acquisition, for undisclosed financial terms, integrates Sigsense's AI and power monitoring technology into Agilent's CrossLab Connect suite of digital applications. This integration enhances asset monitoring capabilities, allowing labs to track instrument utilization and status across all scientific assets, regardless of vendor.
The technology provides operational insights to alert lab managers of underperforming assets and optimization opportunities, particularly beneficial for commercial labs with large instrument fleets and intense testing schedules. With this acquisition, Sigsense's employees, IP, and assets are now part of the Agilent CrossLab Group, further extending AI technology to improve lab performance and productivity.
Agilent Technologies Inc. (NYSE: A) ha acquisito Sigsense Technologies, una startup con sede a San Francisco specializzata nella tecnologia operativa per laboratori abilitata all'IA. L'acquisizione, avvenuta a condizioni finanziarie non divulgate, integra la tecnologia di monitoraggio AI e di consumo energetico di Sigsense nella suite di applicazioni digitali CrossLab Connect di Agilent. Questa integrazione migliora le capacità di monitoraggio degli asset, consentendo ai laboratori di seguire l'utilizzo e lo stato degli strumenti su tutte le risorse scientifiche, indipendentemente dal fornitore.
La tecnologia fornisce informazioni operative per avvisare i responsabili di laboratorio sugli asset poco performanti e sulle opportunità di ottimizzazione, risultando particolarmente utile per laboratori commerciali con grandi flotte di strumenti e programmi di test intensi. Con questa acquisizione, i dipendenti, la proprietà intellettuale e le risorse di Sigsense sono ora parte del Gruppo Agilent CrossLab, estendendo ulteriormente la tecnologia IA per migliorare le prestazioni e la produttività dei laboratori.
Agilent Technologies Inc. (NYSE: A) ha adquirido Sigsense Technologies, una startup con sede en San Francisco que se especializa en tecnología de operaciones de laboratorio habilitada para IA. La adquisición, por términos financieros no divulgados, integra la tecnología de monitoreo de energía y de IA de Sigsense en la suite de aplicaciones digitales CrossLab Connect de Agilent. Esta integración mejora las capacidades de monitoreo de activos, permitiendo que los laboratorios sigan la utilización y el estado de los instrumentos a través de todos los activos científicos, sin importar el proveedor.
La tecnología proporciona información operativa para alertar a los gerentes de laboratorio sobre activos de bajo rendimiento y oportunidades de optimización, siendo particularmente beneficiosa para laboratorios comerciales con grandes flotas de instrumentos y horarios de pruebas intensos. Con esta adquisición, los empleados, la propiedad intelectual y los activos de Sigsense ahora son parte del Grupo Agilent CrossLab, extendiendo aún más la tecnología de IA para mejorar el rendimiento y la productividad del laboratorio.
Agilent Technologies Inc. (NYSE: A)가 Sigsense Technologies를 인수했습니다. Sigsense는 샌프란시스코에 본사를 둔 AI 기반 실험실 운영 기술 전문 스타트업입니다. 금전적 조건은 공개되지 않았으며, 인수로 인해 Sigsense의 AI 및 전력 모니터링 기술이 Agilent의 CrossLab Connect 디지털 애플리케이션 스위트에 통합됩니다. 이 통합은 자산 모니터링 기능을 향상시켜, 실험실이 모든 과학 자산에서 도구 사용 및 상태를 공급자에 관계없이 추적할 수 있도록 합니다.
이 기술은 저조한 성과를 보이는 자산에 대해 실험실 관리자에게 알림을 제공하고 최적화 기회를 제공하여, 특히 대규모 기구대와 집중적인 테스트 일정을 가진 상업용 실험실에 유용합니다. 이 인수로 인해 Sigsense의 직원, 지적 재산 및 자산은 이제 Agilent CrossLab 그룹의 일부가 되어, 실험실 성능과 생산성을 향상시키기 위한 AI 기술을 더욱 확장합니다.
Agilent Technologies Inc. (NYSE: A) a acquis Sigsense Technologies, une startup basée à San Francisco spécialisée dans la technologie des opérations de laboratoire habilitée par l'IA. L'acquisition, pour des conditions financières non divulguées, intègre la technologie de surveillance de l'IA et de la puissance de Sigsense dans la suite d'applications numériques CrossLab Connect d'Agilent. Cette intégration améliore les capabilités de surveillance des actifs, permettant aux laboratoires de suivre l'utilisation et l'état des instruments sur tous les actifs scientifiques, quel que soit le fournisseur.
La technologie fournit des informations opérationnelles pour alerter les responsables de laboratoire concernant les actifs sous-performants et les opportunités d'optimisation, ce qui est particulièrement bénéfique pour les laboratoires commerciaux disposant de grandes flottes d'instruments et d'agendas de tests intenses. Avec cette acquisition, les employés, la propriété intellectuelle et les actifs de Sigsense font désormais partie du Groupe Agilent CrossLab, étendant davantage la technologie de l'IA pour améliorer les performances et la productivité des laboratoires.
Agilent Technologies Inc. (NYSE: A) hat Sigsense Technologies übernommen, ein in San Francisco ansässiges Start-up, das sich auf KI-gestützte Labortechnologie spezialisiert hat. Der Erwerb, dessen finanzielle Details nicht bekannt gegeben wurden, integriert Sigsenses KI- und Energieüberwachungstechnologie in die digitale Anwendungssuite CrossLab Connect von Agilent. Diese Integration verbessert die Überwachungsfähigkeiten von Vermögenswerten und ermöglicht es Laboren, die Nutzung und den Status von Instrumenten über alle wissenschaftlichen Anlagen hinweg zu verfolgen, unabhängig vom Anbieter.
Die Technologie bietet betriebliche Einblicke, um Laborleiter über leistungsschwache Vermögenswerte und Optimierungsmöglichkeiten zu informieren, was besonders vorteilhaft für kommerzielle Labore mit großen Instrumentenflotten und intensiven Testplänen ist. Mit dieser Übernahme sind die Mitarbeiter, das geistige Eigentum und die Vermögenswerte von Sigsense nun Teil der Agilent CrossLab Group, was die KI-Technologie weiter ausdehnt, um die Leistung und Produktivität von Laboren zu verbessern.
- Acquisition of AI-enabled lab operations technology enhances Agilent's product offerings
- Integration with CrossLab Connect expands asset monitoring capabilities across various scientific instruments
- Technology provides insights to optimize lab operations and reduce downtime
- Acquisition strengthens Agilent's position in the lab efficiency and productivity market
- None.
Agilent's acquisition of Sigsense Technologies marks a significant step in enhancing lab efficiency through AI-driven solutions. This move aligns with the growing trend of digital transformation in scientific laboratories, addressing critical pain points in asset management and operational efficiency.
The integration of Sigsense's AI-powered monitoring technology into Agilent's CrossLab Connect suite is particularly noteworthy. This combination creates a comprehensive asset monitoring solution that can track instrument utilization across various scientific assets, regardless of manufacturer. Such vendor-agnostic capabilities are important in today's diverse lab environments, where equipment from multiple suppliers is common.
From a technological perspective, the key advantages of this acquisition include:
- Enhanced predictive maintenance capabilities, potentially reducing instrument downtime and extending asset lifecycles
- Improved resource allocation through data-driven insights on asset utilization
- Streamlined lab operations by automating monitoring and alerting processes
While the financial terms were not disclosed, this acquisition could potentially accelerate Agilent's digital services revenue stream. The move also positions Agilent more competitively in the growing market for lab informatics and IoT solutions in life sciences.
However, the success of this integration will depend on Agilent's ability to seamlessly incorporate Sigsense's technology and team into its existing operations. The challenge lies in maintaining the agility and innovation spirit of a startup within a larger corporate structure.
Agilent's acquisition of Sigsense Technologies, while not disclosing financial terms, carries strategic implications for the company's long-term financial performance. This move aligns with Agilent's focus on expanding its high-margin services and consumables business, which has been a key driver of its financial growth in recent years.
Key financial considerations include:
- Potential Revenue Synergies: The integration of Sigsense's technology into Agilent's CrossLab Connect suite could drive increased adoption of Agilent's digital services, potentially boosting the company's recurring revenue streams.
- Margin Expansion: AI-driven lab optimization solutions typically command higher margins compared to hardware sales. This acquisition could contribute to Agilent's overall margin expansion efforts.
- Market Share Growth: By offering advanced AI-enabled lab operations technology, Agilent may strengthen its competitive position, potentially leading to market share gains in the lucrative lab services segment.
However, investors should consider potential short-term impacts on Agilent's financials:
- Integration costs and potential dilution to earnings in the near term
- R&D investments required to further develop and scale Sigsense's technology
While the immediate financial impact may be given Sigsense's startup status, the long-term strategic value could be significant if Agilent successfully leverages this technology to enhance its digital services portfolio and customer relationships.
Technology helps high-throughput labs operate more efficiently
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
- 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
Forward Looking Statements
This news release contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The forward-looking statements contained herein include, but are not limited to, statements regarding the capabilities the acquisition brings and the assets’ future uses. These forward-looking statements involve risks and uncertainties that could cause Agilent’s results to differ materially from management’s current expectations. Such risks and uncertainties include, but are not limited to, unforeseen changes in the strength of Agilent’s customers’ businesses; unforeseen changes in the demand for current and new products, technologies, and services; unforeseen changes in the currency markets; customer purchasing decisions and timing; and the risk that Agilent is not able to realize the savings expected from integration and restructuring activities. In addition, other risks that Agilent faces in running its operations include the ability to execute successfully through business cycles; the ability to meet and achieve the benefits of its cost-reduction goals and otherwise successfully adapt its cost structures to continuing changes in business conditions; ongoing competitive, pricing and gross-margin pressures; the risk that its cost-cutting initiatives will impair its ability to develop products and remain competitive and to operate effectively; the impact of geopolitical uncertainties and global economic conditions on its operations, its markets and its ability to conduct business; the ability to improve asset performance to adapt to changes in demand; the ability of its supply chain to adapt to changes in demand; the ability to successfully introduce new products at the right time, price and mix; the ability of Agilent to successfully integrate recent acquisitions; the ability of Agilent to successfully comply with certain complex regulations; and other risks detailed in Agilent’s filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the fiscal quarter ended April 30, 2024. Forward-looking statements are based on the beliefs and assumptions of Agilent’s management and on currently available information. Agilent undertakes no responsibility to publicly update or revise any forward-looking statement.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240729556289/en/
Investor Contact:
Parmeet Ahuja
+1 408 345 8948
parmeet_ahuja@agilent.com
Media Contact:
Sarah Litton
+1 408 361 0405
sarah.litton@agilent.com
Source: Agilent Technologies Inc.
FAQ
What company did Agilent Technologies (NYSE: A) acquire?
How will the Sigsense acquisition benefit Agilent's customers?
What types of instruments can be monitored using the Sigsense technology integrated into Agilent's CrossLab Connect?
How does the Sigsense technology improve lab operations for Agilent (NYSE: A) customers?
