United Technologies Corp. is a global leader in the development and commercialization of next generation wireless technologies.
United Technologies’ portfolio of wireless products includes: the Agilance Cloud, the Agile Wireless and Agile Smart Homes.
United technologies has acquired Agilentry Systems, a leading provider of next-generation wireless solutions, for a total of $1.3 billion in cash.
The acquisition is expected to provide Agilenture customers with new capabilities to connect their products to a range of new and emerging wireless technologies, including wireless broadband.
Agilenta Systems is the world’s leading provider and supplier of wireless solutions for automotive, energy, medical, health care and industrial markets, including industrial and automotive telematics, wireless connectivity, and mobile telematic services.
The acquisition of Agilents brings United Technologies a step closer to its goal of enabling all its customers to connect to the world with wireless technologies at a price that will enable them to continue innovating in a competitive global marketplace.
Agilent Systems provides the AgILENT™ wireless communications and connectivity platform for the automotive industry and the wireless connected services market.
The company’s network is used by automakers worldwide, including Audi, BMW, Porsche, Mercedes-Benz, Honda, Mazda, Mitsubishi, Nissan, Subaru, Toyota, Volkswagen and Volvo.
The Agilances network is one of the most advanced in the automotive market.
Agility’s Agilences platform is the leading platform in the Agilkent® market for wireless applications, including automotive communications and mobile applications, and is also used by several Fortune 500 companies.
Agility has grown rapidly over the past year and is currently ranked as the number one provider of mobile connectivity solutions worldwide.
With more than 80% of its customers in the U.S., the company has been the first to launch and deliver Agilient’s Agilken® mobile solutions to the market since 2011.
In addition to its wireless connectivity business, United Technologies has been actively investing in next-gen telecommunications technologies and services.
In 2017, it entered into a memorandum of understanding with the leading wireless carrier and wireless equipment manufacturer for the development of a global cellular network for Agilkens customers, including cellular service in China.
In 2018, United announced the agreement to purchase Agiliance Systems for $1 billion in stock, as well as $2 billion in debt.
Agilkents network has been used by more than 400,000 customers and provides customers with a global access to mobile devices and applications.
United Technologies is committed to accelerating its investment in new technologies and technologies to enable tomorrow’s economy.
The transaction will enhance United Technologies competitiveness and position the company for future growth.