Agilent to close NMR business

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  • Published: Oct 16, 2014
  • Author: Jon Evans
  • Suppliers: Agilent Technologies
  • Channels: Gas Chromatography / Detectors / Electrophoresis / HPLC / Proteomics & Genomics / Ion Chromatography / Laboratory Informatics / Sample Preparation / Raman / UV/Vis Spectroscopy / Base Peak / Atomic / Proteomics / MRI Spectroscopy / Chemometrics & Informatics / NMR Knowledge Base / X-ray Spectrometry / Infrared Spectroscopy

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Agilent Technologies has announced plans to close its Nuclear Magnetic Resonance (NMR) business, with the loss of around 300 jobs at its sites in Yarnton, UK, and Santa Clara, US.

Agilent gained the NMR business through its acquisition of Varian in 2010, but the business has struggled to meet growth and profitability objectives since then. Agilent will stop taking new NMR system orders immediately, but will continue to meet customer commitments for orders in progress and for ongoing support contracts, and will also continue to provide service on all installed NMR systems.

'Today’s announcement represents a difficult decision necessary to drive improved profitability,' said Mike McMullen, president and chief operating officer, and CEO-elect, of Agilent. 'The NMR team has been extremely dedicated and has made many excellent contributions. However, this action is a step in ensuring that our investments are placed on higher-value life sciences, applied markets and diagnostics solutions that will continue to drive growth across the company.'

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