Electro Rent Corporation announced that it has entered into a two-year renewal agreement with Agilent Technologies to remain Agilent’s sole Authorized Technology Partner (ATP) for the United States and Canada. The original agreement commenced December 1, 2009 to provide small and medium size customers with financial alternatives for acquiring Agilent’s electronic test and measurement products. The new agreement commenced February 1, 2012.

“Since we began our exclusive sales relationship with Agilent a few years ago, we have honed our technical, applications and sales support skills, expanding our customers’ equipment acquisition alternatives that are needed to meet new and challenging business objectives,” said Daniel Greenberg, CEO of Electro Rent. “We are extremely proud to have extended our long-standing strategic relationship with Agilent and to be able to continue offering customers interested in Agilent’s electronic test and measurement equipment maximum flexibility, providing a highly valued opportunity for companies.”

Separately, Electro Rent announced that its European subsidiary, Electro Rent Europe NV, has been appointed as a European Premier Rental Partner for Agilent Technologies. Through the agreement, Electro Rent Europe will provide flexible equipment acquisition solutions, including rental, leasing and other financial services, in partnership with Agilent, to customers throughout Europe, including the Eastern Bloc countries.

“This appointment expands the long-standing and fruitful relationship between Electro Rent and Agilent which began several decades ago in the United States,” continued Greenberg. “Electro Rent’s ability to provide a viable alternative to acquiring Agilent’s much sought-after test and measurement products will allow European customers to rapidly deploy the equipment they require, exactly when they need it.”

Electro Rent Corporation:

Posted by Janine E. Mooney, Editor

February 6, 2012