Fluke Networks getting bigger

  • MIKE BENBOW / Herald Writer
  • Thursday, September 28, 2000 9:00pm
  • Local News

By MIKE BENBOW

Herald Writer

EVERETT — Fluke Networks Inc. will buy the NetMetrix division of Agilent Technologies Inc. for an undisclosed amount of stock and cash, the companies announced Thursday.

Fluke Networks, which has an estimated annual revenue of $100 million and a payroll of 300 people, will grow substantially with the acquisition.

NetMetrix employs 100 people and has about $25 million in annual revenues.

Julie Kuntz, a Fluke Networks spokeswoman, said the deal strengthens her company’s position in the fast-growing computer network field.

"We wanted to grow and expand and to broaden our product basket," she said.

NetMetrix is best known for its RMON probes, which are installed into a network to help discover problems and solve them.

Fluke Networks is better known for its hand-held analyzers and troubleshooting equipment.

"We’ll have fixed solutions instead of just portable," Kuntz said.

Fluke Networks is a spinoff of Fluke Corp. of Everett, becoming its own entity in May of this year. It still shares office space with Fluke.

Kuntz said the fledgling company is growing rapidly, by 50 to 60 percent each quarter.

Under the terms of the agreement, Fluke Networks will acquire the assets of the NetMetrix division, including managers and employees, key technologies, intellectual property and products.

The division, which is part of Agilent’s Communications Solutions Group, has more than 100 employees, located mainly in Santa Clara, Calif. and Colorado Springs, Colo., with field and support persons located throughout the United States and in 15 countries.

"A neat thing for us is to have not only their product, but their people," Kuntz said. "We’re as excited about the people as the product line."

She said the company will keep the California and Colorado offices.

"It looks like it will be a fact of life that we’ll have these remote offices," she said.

Talk to us

> Give us your news tips.

> Send us a letter to the editor.

> More Herald contact information.

More in Local News

Customers enter and exit the Costco on Dec. 2, 2022, in Lake Stevens. (Olivia Vanni / The Herald)
Costco stores could be impacted by looming truck driver strike threat

Truck drivers who deliver groceries and produce to Costco warehouses… Continue reading

Two Washington State ferries pass along the route between Mukilteo and Clinton as scuba divers swim near the shore Sunday, Oct. 22, 2023, in Mukilteo, Washington. (Ryan Berry / The Herald)
Ferry system increases ridership by a half million in 2024

Edmonds-Kingston route remains second-busiest route in the system.

Firefighters respond to a 911 call on July 16, 2024, in Mill Creek. Firefighters from South County Fire, Tulalip Bay Fire Department and Camano Island Fire and Rescue left Wednesday to help fight the LA fires. (Photo provided by South County Fire)
Help is on the way: Snohomish County firefighters en route to LA fires

The Los Angeles wildfires have caused at least 180,000 evacuations. The crews expect to arrive Friday.

x
Edmonds police shooting investigation includes possibility of gang violence

The 18-year-old victim remains in critical condition as of Friday morning.

The Everett Wastewater Treatment Plant along the Snohomish River. Thursday, June 16, 2022 in Everett. (Olivia Vanni / The Herald)
Everett council approves water, sewer rate increases

The 43% rise in combined water and sewer rates will pay for large infrastructure projects.

Robin Cain with 50 of her marathon medals hanging on a display board she made with her father on Thursday, Jan. 2, 2025 in Lake Stevens, Washington. (Olivia Vanni / The Herald)
Running a marathon is hard. She ran one in every state.

Robin Cain, of Lake Stevens, is one of only a few thousand people to ever achieve the feat.

People line up to grab food at the Everett Recovery Cafe on Wednesday, Dec. 4, 2024 in Everett, Washington. (Olivia Vanni / The Herald)
Coffee, meals and compassion are free at the Everett Recovery Cafe

The free, membership-based day center offers free coffee and meals and more importantly, camaraderie and recovery support.

Devani Padron, left, Daisy Ramos perform during dance class at Mari's Place Monday afternoon in Everett on July 13, 2016. (Kevin Clark / The Herald)
Mari’s Place helps children build confidence and design a better future

The Everett-based nonprofit offers free and low-cost classes in art, music, theater and dance for children ages 5 to 14.

The Everett Wastewater Treatment Plant along the Snohomish River on Thursday, June 16, 2022 in Everett, Washington. (Olivia Vanni / The Herald)
Everett water, sewer rates could jump 43% by 2028

The rate hikes would pay for improvements to the city’s sewer infrastructure.

The bond funded new track and field at Northshore Middle School on Thursday, Oct. 24, 2024 in Bothell, Washington. (Courtesy of Northshore School District)
Northshore School District bond improvements underway

The $425 million bond is funding new track and field complexes, playgrounds and phase one of two school replacements.

The Everett Municipal Building on Thursday, Feb. 29, 2024 in Everett, Washington. (Annie Barker / The Herald)
Everett council approves $111 million construction of sewer project

The Port Gardner Storage Facility, in the works for more than a decade, will help prevent overflows of the city sewer system.

Two students walk along a path through campus Thursday, Aug. 4, 2022, at Everett Community College in Everett, Washington. A group of nearly 20 community groups are planning to study how to make it easier for young people to find jobs. (Ryan Berry / The Herald)
Goal for Everett coalition: Make it easier for young people to find jobs

The organizations hope the months-long process will improve access to resources for young people.

Support local journalism

If you value local news, make a gift now to support the trusted journalism you get in The Daily Herald. Donations processed in this system are not tax deductible.