Agilent Technologies Inc.
) launched a new OLED handheld digital multimeter (DMM), U1273AX,
that can function at temperatures as low as -40° C. This new DMM is
priced at $450.00 in the U.S.
The handheld DMM is equipped with organic light-emitting diode
(OLED) display, which will provide crystal-clear readings and it is
built specially for harsh weather conditions, as it is capable of
operating at -40°C to 55°C. Agilent has equipped the multimeter
with enhanced features so that it can take accurate measurement
even in low-light environments.
The device is targeted at field engineers and technicians, since
they are required to take reliable and accurate measurements in
harsh weather conditions. The U1273AX is equipped with a Bluetooth
adapter that enables the device to wirelessly connect with
smartphones and tablets. This unique feature will help field
engineers to take measurements without leaving the warmth and
safety of the vehicles they are in.
Agilent is constantly evolving its handheld digital multimeters
portfolio as it previously launched another model U1250A Series in
September 2012. Agilent is also introducing new models at regular
intervals and is committed to provide top-notch, low-cost test and
measurement solutions to its customers.
Agilent's constant endeavor to innovate will guide it toward
success as engineers and manufacturers are in constant need for the
latest equipment; whether it be for compliance testing,
communication testing solutions or inspection among others.
In the digital multimeter sector, Agilent may face stiff
National Instruments Corporation
) and others.
According to a study conducted by GIA, the electronic test and
measurement instruments market is forecasted to reach $4.59 billion
by 2017, driven by demandfrom the communications, semiconductor
manufacturing, aerospace, military and other major industries.
There is ample room for growth if Agilent plays to its strengths
and remains committed to its customers by providing world class,
affordable test and measurement solutions.
Agilent's revenue in the third quarter was flat sequentially and
up 1.9% year over year, short of management's expectations of a
2-3% sequential increase ($1.77 billion to $1.79 billion). The
Electronic Measurement segment contributed 49.0% of revenue. The
weakness was on the computing/semiconductor sides of the business.
The Life Sciences segment generated 23.0% of revenue, down 1.0%
sequentially and up 2.1% from last year. The Chemical Analysis
segment generated 22.0% of third quarter revenue, down 8.8%
sequentially and 7.0% year over year. The sequential decline was
largely because of weakness in food testing.
Currently, Agilent Technologies has a Zacks #4 Rank, implying a
short-term 'Sell' rating.
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