Today's Tech Winners and Losers

Shares of Opsware(OPSW) were among technology's winners Monday, rising 6% after the software company announced a multimillion-dollar distribution agreement with Cisco Systems(CSCO).

Terms of the deal call for Cisco to distribute Opsware's network automation system under the Cisco brand. "This groundbreaking agreement for Opsware cements our lead in network automation and provides a strong upsell opportunity for Opsware's flagship product, the Opsware Server Automation System," Opsware said in a press release. Shares were trading up 43 cents to $7.56.

Agilent Technologies(A) fell 4% after the company posted mixed first-quarter results. The maker of test and measurement equipment reported earnings from continuing operations of $979 million, or $2.03 a share, on sales of $1.34 billion. Excluding items, the company earned $154 million, or 32 cents a share. Analysts polled by Thomson First Call expected earnings of 30 cents a share and higher sales of $1.36 billion. Including a gain from the sale of its semiconductor products business, Agilent had net income of $2.82 billion, or $5.83 a share. During the year-earlier period, the company posted adjusted earnings of $71 million, or 15 cents a share, on sales of $1.21 billion.

Looking ahead, Agilent sees second-quarter earnings of 35 cents to 40 cents a share on sales of $1.37 billion to $1.43 billion. The projection is in line with analysts' forecast for earnings of 36 cents a share and sales of $1.4 billion. Shares were trading down $1.34 to $34.53.

Shares of Xilinx(XLNX) rose modestly after the chip company said it plans to buy up to $600 million in stock. "The increase in our stock repurchase program is a reflection of our solid business model as well as confidence in our future growth prospects," the company said. Xilinx plans to fund the buyback using working capital. Shares were trading up 4 cents to $27.74.