Keysight Technologies Begins Trading as Independent Company
November 03 2014 - 9:00AM
Business Wire
Keysight Technologies, Inc. (NYSE:KEYS) has
announced that its separation from Agilent Technologies, Inc.
(NYSE:A) has been completed. The newly independent company will
begin “regular-way” trading on the New York Stock Exchange (NYSE)
today under the ticker symbol KEYS.
“Today marks a major milestone for Keysight as
we begin the next phase of our journey. As an independent company,
the top opportunities within the electronic measurement market are
now the top opportunities for Keysight,” said Ron Nersesian,
Keysight president and CEO. “With a 75-year heritage of market and
technology leadership and our strong business model, we look
forward to delivering superior value to our customers and
shareholders.”
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.
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.
Forward-Looking Statements
This news release contains forward-looking
statements as defined in the Securities Exchange Act of 1934 and is
subject to the safe harbors created therein. The forward-looking
statements contained herein include, but are not limited to,
information regarding Keysight’s future revenues, earnings and
profitability; the future demand and opportunities for the
company’s products and services; and customer expectations. These
forward-looking statements involve risks and uncertainties that
could cause Keysight’s results to differ materially from
management’s current expectations. Such risks and uncertainties
include, but are not limited to, unforeseen changes in the strength
of our customers’ businesses; unforeseen changes in the demand for
current and new products, technologies, and services; customer
purchasing decisions and timing.
In addition, other risks that Keysight faces
include those detailed in Keysight’s filings with the Securities
and Exchange Commission, including our Form 10, and amendments
thereto. Forward-looking statements are based on the beliefs and
assumptions of Keysight’s management and on currently available
information. Keysight undertakes no responsibility to publicly
update or revise any forward-looking statement.
About Keysight Technologies
Keysight Technologies (NYSE:KEYS) is a global
electronic measurement technology and market leader helping to
transform its customers’ measurement experience through innovations
in wireless, modular, and software solutions. Keysight’s electronic
measurement instruments, systems, software and services are used in
the design, development, manufacture, installation, deployment and
operation of electronic equipment. Information about Keysight is
available at www.keysight.com.
Additional investor information can be found at
www.investor.keysight.com.
NOTE TO EDITORS: Further technology, corporate
citizenship and executive news is available at
www.keysight.com/go/news.
Source: IR-KEYS
EDITORIAL CONTACT:Keysight Technologies,
Inc.Amy Flores, +1-408-345-8194amy_flores@keysight.comorINVESTOR
CONTACT:Keysight Technologies, Inc.Jason Kary,
+1-707-577-6916jason_kary@keysight.com
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