Agilent Technologies Acquires Cobalt Light Systems

Agilent Technologies, a provider of analytical laboratory technologies, said premarket Friday it has acquired Oxfordshire, U.K.-based Cobalt Light Systems, a provider of highly differentiated Raman spectroscopic instruments.
No financial terms were disclosed. Cobalt’s customers include more than 20 of the largest 25 global pharmaceutical companies, and more than 75 airports across Europe and Asia-Pacific, including eight of the 10 largest European airports, with over 500 devices deployed at airport checkpoints. “Raman spectroscopy is one of the fastest-growing segments in spectroscopy,” said Phil Binns, general manager of Agilent’s spectroscopy and vacuum solutions division.

Cobalt is privately held with 52 employees. Cobalt’s CEO will remain with Agilent as the Director of Raman Spectroscopy. Oxford will become Agilent’s global center for Raman spectroscopy.