Agilent sells network solutions business to JDSU

SANTA CLARA, Calif. – Agilent Technologies Inc. (NYSE: A) has signed a definitive agreement to sell its network solutions business to JDSU (Nasdaq: JDSU) for $165 million in cash.

Subject to regulatory approval, the transaction is expected to be final in June, according to a company announcement Thursday.

The sale includes Agilent’s network assurance solutions, network protocol test and drive test products. Amy Flores, Agilent spokeswoman, said the deal will impact some employees in Loveland, Englewood and Colorado Springs.

“At all three sites in Colorado, it will affect about 108 employees,” Flores said. Agilent’s Loveland facility employs about 500. “Almost everyone will be…