Keysight Technologies, Inc. a spinoff from Agilent Technologies is now trading on the NYSE under the ticker KEYS. Keysight’s separation from Agilent occurred on November 1, 2014 through a distribution of 100 percent of the outstanding common stock of Keysight to Agilent shareholders of record as of the close of business on October 22, 2014. Agilent shareholders of record received one share of Keysight common stock for every two shares of Agilent common stock they held. Approximately 167.5 million shares of Keysight common stock were distributed on November 1, 2014 to Agilent shareholders.
The new company will focus exclusively on the electronic measurement market.
Keysight at a Glance
- Provides measurement technology and solutions for engineers, scientists, manufacturers, businesses, researchers and government agencies in more than 100 countries.
- Headquartered in Santa Rosa, California, the company had revenues of $2.9 billion in fiscal year 2013.
- Holds leadership positions in its industry segments of: Communications; Aerospace and Defense; and Industrial, Computers and Semiconductors.
- Employs 9,700 people and has 12 R&D centers around the world.
