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I worked for HP in early 90. At that time, I remember old HP (mainly instrumentation groups now Algilent) had a rule of if a product line is > $100mil. They
by tonyplee 12y ago
I worked for HP in early 90.
At that time, I remember old HP (mainly instrumentation groups now Algilent) had a rule of if a product line is > $100mil. They will spin it off to a separate P/L division. It seems like a good sharding algorithm for scaling out a corporation.
They stopped doing it after PC/Printer div/group. A cynical view was it was good for high level corp managers to hide the cost of fleet of corporate jets into the billions $ revenues with almost no profits.
- joezydeco 12y agoLooks like it's back. Agilent is spinning off the measurement group into a company called Keysight. Announcement was 2 weeks ago. http://www.agilent.com/about/companyinfo/company-separation.html http://www.agilent.com/about/companyinfo/company-separation....
- HeyLaughingBoy 12y agodafuq? I was just getting used to the dumbass name "Agilent."
- joezydeco 12y agoIt's been 15 years.
- tonyplee 12y agoSeems to make sense to separate the life science side from "normal" agilent side of biz. Life science have completely different set of customers, market need, etc. Also the time for life science, diagnostic type ROI is probably different than the normal scope/logic analyzer type ROI.
- reportingsjr 12y agoThe announcement was actually a year ago. The officially split off the company on September 1st I believe. Really annoyed a lot of EEs that they are splitting it off yet again.