PALO ALTO, Calif. & DANBURY, Conn.--(BUSINESS WIRE)--Sept. 19, 2005--Agilent Technologies Inc. (NYSE:A) and GE Commercial Finance, the business-to-business financial services unit of the General Electric Company (NYSE:GE), today announced that GE Commercial Finance has been named preferred financing provider for Agilent's Electronic Measurements Group. This extends GE Commercial Finance's current finance relationship with Agilent.
GE Commercial Finance is a leading global provider of value chain financing and lending to manufacturers and distributors in many industries, including test and measurement and technology.
"We began our relationship in June 2004 with Agilent's Life Sciences and Chemical Analysis division," said James Madej, chief commercial officer of the North American Leasing Group, GE Commercial Finance. "This next phase in our growing relationship is a testament to our success in providing leading financial tools to a major player across the electronic measurement, communications, and life science industries."
"The main reasons we extended our relationship with GE Commercial Finance to our Electronic Measurements Group are their dedication to quality processes and their global capabilities," said DJay DiMarco, vice president of Agilent Customer Financing. "We look forward to continuing our relationship with GE Commercial Finance as we further strengthen our customer value proposition."
About GE Commercial Finance
GE Commercial Finance is the business-to-business finance unit of General Electric. With deep industry expertise and lending, leasing and financing services of every kind, GE Commercial Finance plays a key role in helping its customers grow. Conducting business in 35 countries, GE Commercial Finance has assets of over US$230 billion and is headquartered in Stamford, Connecticut, USA.
General Electric (NYSE:GE) is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems.
About Agilent Technologies
Agilent Technologies Inc. (NYSE:A) is the world's premier measurement company and a technology leader in communications, electronics, life sciences and chemical analysis. The company's 28,000 employees serve customers in more than 110 countries. Agilent had net revenue of $7.2 billion in fiscal year 2004. Information about Agilent is available on the Web at www.agilent.com.
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Contacts
Agilent Technologies
Janet Smith, 970-679-5397
[email protected]
or
GE Commercial Finance
Dan Whitney, 203-749-3573
[email protected]
Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340