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On 31 March 2010 the ACCC accepted the undertaking of Agilent Technologies Inc and Agilent Technologies Australia Pty Ltd in relation to the ACCC's decision not to oppose Agilent's proposed acquisition of Varian Inc.
The undertaking requires Agilent to comply with its commitments to the European Commission to divest the following businesses:
Agilent's micro/portable gas chromatography instruments (micro/portable GC) business
Varian's laboratory gas chromatography instruments (laboratory GC) business
Varian's triple quadrupole gas chromatography mass spectrometry instruments (triple quad GC-MS) business
Varian's inductively coupled plasma mass spectrometry instruments (ICP-MS) business
The ACCC has approved Inficon Inc as the purchaser of the micro/portable GC business and Bruker Corporation as the purchaser of the laboratory GC, triple quad GC-MS and ICP-MS businesses.
A Public Competition Assessment, outlining the reasons for the ACCC's decision, will be released shortly.