Outsourced software product development (OPD) services firm Persistent Systems has agreed to acquire Agilent Technologies� software marketing and development business based in Grenoble, France, for an undisclosed sum. Subject to customary closing conditions, the acquisition is expected to be final by August 1.

"Persistent Systems� acquisition of Agilent�s software marketing and development business in Grenoble will contribute to the company�s strategic thrust in the life sciences and healthcare markets," a media release said. The Agilent business is at present focused on supplying data acquisition and control software for scientific instruments to the life sciences, environmental, energy, applied research and other markets.