Skip to main content
Premium Trial:

Request an Annual Quote

Agilent s Sale of Semiconductor Unit Delayed to December

NEW YORK, Oct. 14 (GenomeWeb News) - Agilent Technologies said yesterday it expects to close the sale of its semiconductor operations to private equity firms Kohlberg Kravis Roberts & Co. and Silver Lake Partners "on or near" Dec. 1, which is later than originally planned.

When Agilent announced the sale in August, it said the deal would close by Oct. 31. Agilent did not mention the delay in a statement yesterday, but it said that the "target closing date is timed to position the companies to provide a seamless transition for customers, suppliers and employees in the 19 countries in which SPG operates."

 

As GenomeWeb News reported the planned sale, Agilent said it will sell its chip unit to the buyout firms, which will be equal partners in the venture, for $2.66 billion.

Kohlberg and SilverLakesaid at the time that their purchase will create the world's largest privately held independent semiconductor company.

Agilent previously said it plans to use proceeds from the deal for a $4 billion share repurchase program.

The Scan

Unique Germline Variants Found Among Black Prostate Cancer Patients

Through an exome sequencing study appearing in JCO Precision Oncology, researchers have found unique pathogenic or likely pathogenic variants within a cohort of Black prostate cancer patients.

Analysis of Endogenous Parvoviral Elements Found Within Animal Genomes

Researchers at PLOS Biology have examined the coevolution of endogenous parvoviral elements and animal genomes to gain insight into using the viruses as gene therapy vectors.

Saliva Testing Can Reveal Mosaic CNVs Important in Intellectual Disability

An Australian team has compared the yield of chromosomal microarray testing of both blood and saliva samples for syndromic intellectual disability in the European Journal of Human Genetics.

Octopus Brain Complexity Linked to MicroRNA Expansions

Investigators saw microRNA gene expansions coinciding with complex brains when they analyzed certain cephalopod transcriptomes, as they report in Science Advances.