Keysight Technologies, Inc. has announced that the electronic measurement division of Agilent Technologies has begun operations under the name Keysight. It will remain a wholly owned subsidiary of Agilent Technologies until early November, at which time the separation is expected to be finalized and Keysight is expected to begin trading on the New York Stock Exchange under the name KEYS. Keysight is the market leader and ranks number one in all three of its business segments: communications; aerospace and defense; and industry, computing and semiconductors. The separation of Keysight from Agilent was announced in September 2013.
"With the launch of our new company, we keep in mind our rich heritage as part of Agilent and, previously, Hewlett-Packard," said Ron Nersesian, Keysight president and CEO. “We are also aware of our responsibility and commitment to all parties involved, including customers, shareholders and employees. We are confident that the many opportunities that the future brings will allow us to focus exclusively on electronic measurements and offer the cutting-edge technologies that our customers expect of us.”
About Keysight Technologies
On September 19, 2013 Agilent Technologies announced plans to split into two publicly traded companies by tax-free segregating its electronic measurement business.
The new company, Keysight Technologies, began operations as a wholly owned subsidiary of Agilent on August 1, 2014, with a full separation expected in early November 2014. Keysight is expected to trade on the New York Stock Exchange under the symbol KEYS . Keysight is a leading electronic metering company that is helping its customers transform the metering experience through innovation in wireless technology, modular equipment and software solutions. Keysight provides electronic measurement equipment and systems and related software, software design tools, and services used in the design, development, manufacturing, deployment, and operation of electronic equipment. Information about Keysight at: www. keysight.com
