Agilent to Acquire Wavics

Wavics’ patented technology is expected to strengthen Agilent’s position in power amplifiers and front-end modules, and enable customers to design smaller handsets with more features and extended talk time. The acquisition is subject to closing conditions, and financial details of the agreement were not disclosed. Wavics’ patented CoolPAM power amplifier technology significantly reduces battery power consumption and allows CDMA and W-CDMA handsets to run cooler. Agilent plans to combine this new power amplifier capability with its miniature FBAR (film bulk acoustic resonator) filters to create higher-performance CDMA and W-CDMA front-end modules. This will offer handset manufacturers a significant reduction in printed circuit board space. Wavics, founded in 2000 and privately held, operates two locations in Korea, one in Seoul and one in Ansan. Wavics employs approximately 55 people, who will continue their employment with the company. Wavics’ customers include the leading handset manufacturers in Korea, Japan, China, Germany and the United States. During 2004, Wavics had more than 90 design wins that are expected to deliver in 2005.