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Agilent to acquire assets from South Korean distributor

Agilent Technologies Inc. agreed to acquire related assets from Young In Scientific Co. Ltd., its South Korean distributor.

Financial terms of the deal, which remains subject to customary closing conditions, were not disclosed.

Following the acquisition, Agilent customers in the South Korean market can access products and services directly from the Santa Clara, Calif.-based company. Further, more than 100 YI Scientific employees are expected to join Agilent Technologies Korea Ltd.

Teaming up with its long-standing channel partner in South Korea will allow Agilent to to address the needs of the growing analytical market in South Korea, said Lon Justice, Agilent vice president for laboratory solutions sales and marketing.