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In The News

Keysight's IPO Launches New Life as Separate Company

The opening bell at the New York Stock Exchange today commemorated a new era in the Sonoma County technology industry.

Ron Nersesian, the chief executive officer for Keysight Technologies, rang that opening bell to signify the Santa Rosa firm's launch as an independent company.

Keysight was officially spun off by Agilent Technologies on Saturday, according to a story in the Santa Rosa Press Democrat.

On Nov. 1, 2014, in a special dividend distribution of all outstanding shares of Keysight's common stock, Agilent shareholders received one share of Keysight common stock for every two shares of Agilent common stock held as of close of business Oct. 22, 2014.

Keysight's stock began trading at $31.50.

Keysight is now the world's largest electronic measurement company. It also is the largest company ever headquartered in Sonoma County.

Keysight has $3 billion in annual sales and a market capitalization valued at $5 billion.

It also has 9,500 employees worldwide. Of those, 1,250 work in Santa Rosa.

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