CommNexus director, Ron Nersesian, named as CEO designate of Agilent spin off IPO

Sept 19 (Reuters) – Agilent Technologies Inc said it will spin off its electronic measurement businesses into a public company by the end of next year, leaving Agilent to focus on its healthcare business. Shares of Agilent, carved out of Hewlett-Packard Co in 1999, rose nearly 12 percent in premarket trading. The yet unnamed electronic measurement (EM) company will provide electronic test and measurement technology to communications, aerospace and defense, and industrial markets.

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