SAN FRANCISCO Agilent Technologies Inc. said Thursday (Aug. 18) that it has completed the acquisition of system and circuit design software provider Eagleware-Elanix. The business, product and employees of Eagleware-Elanix are now part of Agilent's EEsof EDA division.
The acquisition, originally announced July 28, brings together two established companies each with more than two decades of EDA experience and two complimentary high-frequency EDA product lines. The move strengthens Agilent EEsof, already ranked by Gartner Dataquest as the No. 1 supplier of RF EDA tools.
According to Neil Martin, Agilent EEsof marketing and services manager, the acquisition is also a manifestation of a strategic change made by Agilent over the last couple of years. Whereas EEsof has traditionally exclusively developed core simulation and modeling technology internally, Martin said, the company is now more willing to pursue externally-developed technology through acquisitions, alliances and OEM agreements.
"Over the last couple of years, in an effort to bring more technology more quickly to customers, we have adopted a much more open approach," Martin said. He added that the strategic change was part of a "real culture shift."
Gary Smith, chief EDA analyst at Gartner Dataquest, called the acquisition a "good move" by Agilent, adding that EEsof needed an infusion of new technology. Smith said the addition of Eagleware-Elanix's product line would give EEsof a lower-priced entry that would compliment the division's traditionally higher-end tools. He said Eagleware-Elanix's products would benefit from Agilent's sales infrastructure and marketing reach.
"We see a huge opportunity to link the technology that Eagleware-Elanix has with Agilent EEsof's global infrastructure," said Todd Cutler, the former president and CEO Eagleware-Elanix, who joins Agilent EEsof as a high-level executive.
Jim McGillivary, general manager and vice president of EEsof, said the decision to continue marketing and developing both companies' product lines was based on research that indicated a large number of customers are currently using a mix of both product lines.
"In particular, the Eagleware products are known to be easy-to-use, cost-effective native PC software suites," McGillivary said. "We have no intention of changing this."
Also Thursday, Eagleware-Elanix said it is on schedule to ship the Genesys 2005 suite of products to its installed base of customers, calling it the most significant new release in years.
EEsof, part of Agilent's test and measurement division, is not effected by the sale of Agilent's semiconductor business, which was announced Monday.