Agilent electronic test unit assumes Keysight Technologies name
While the spin out of Agilent Technologies’ electronic measurement business isn’t expected to be completed until November, the unit began has begun using its new name, Keysight Technologies, Inc.
Keysight, whose products include test and measurement equipment such as bit error rate testers, oscilloscopes, and optical modulation analyzers, among others, will be a publicly traded company whose shares will list on the New York Stock Exchange under the symbol KEYS. Ron Nersesian will serve as president and CEO. Until the spin off completes, Keysight will operate as a wholly owned subsidiary of Agilent.
Agilent announced its intention to split off the electronic measurement business last September (see "Agilent to split into two companies").
"As we launch our new company, we are mindful of our rich heritage as part of Agilent and prior to that, Hewlett-Packard," said Nersesian. "We are also mindful of our responsibility and commitment to our stakeholders including customers, our shareholders and our employees. We look forward to the many opportunities ahead that will allow us to focus solely on electronic measurement and showcase the leading-edge technologies that our customers have come to expect."
In addition to communications applications, Keysight will serve the aerospace and defense, industrial, computers, and semiconductors markets.
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