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Agilent Technologies Inc (A - Analyst Report) recently launched its 16850 Series portable logic analyzers. The feature that sets the 16850 series apart from others is that it offers both single-ended and differential testing options, which in turn, help engineers to debug the devices in relatively less time.

Logic analyzers are basically electrical instruments used to see the timing between signals in a digital system. A logic analyzer can be triggered to capture a series of digital events to collect a large amount of data from the system under probe. Makers of high-speed digital systems use logic analyzers to enhance the speed of the debugging process in their respective systems.

Often a logic analyzer starts determining signs of trouble when the root cause of the trouble had taken place long ago. The 16850 series logic analyzers with its high-speed timing and strong memory will help engineers locate the root cause of failure. The Agilent 16850 Series logic analyzers provide measurement solutions for a wide range of bus and signal types.

Agilent is mainly involved in the manufacturing of measuring instruments. Its Life Science segment offers liquid chromatography systems, columns, tools and components. The Chemical Analysis segment, on the other hand, offers gas chromatography systems, tools and components.

Agilent’s revenues in the third quarter were down 4.6% sequentially and 4.1% year over year to $1.65 billion. The lion’s share of revenues came from the Asia/Pacific region, which contributed 39%, followed by the Americas, with 35% and Europe, which accounted for the balance.

Though all three regions declined from the last quarter, the decline was greatest in the Americas (down 5.6%), followed by the Asia/Pacific (down 4.9%) and Europe (down 2.8%). The Americas dropped 14.3% year over year, Asia/Pacific remained flattish while Europe was up 6%. However, earnings per share of 68 cents exceeded the Zacks Consensus Estimate by 6 cents or 9.6%, helped by solid cost management

Agilent currently has a Zacks Rank #3 (Hold). Other technology companies that look attractive at this time are Micron Tech (MU - Analyst Report) with a Zacks Rank #1 (Strong Buy) and SanDisk Corp (SNDK - Analyst Report) with a Zacks Rank #1 (Strong Buy) and National Instruments Corp (NATI - Snapshot Report) with a Zacks Rank #2 (Buy).

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