Agilent Names Semiconductor Spinoff

PALO ALTO, Calif., Jan. 13, 2006 -- "Verigy" will be the name of Agilent Technologies Inc.'s semiconductor test spinoff company, which is expected to separate from Agilent this year.
The company said the name is built from the Latin prefix "veri-" ("true, genuine"), which is the root of "verification" ("to prove the truth of, substantiate") and so ties the name to the test business. The "-gy" suffix comes from the combining form "-logy," meaning the name of sciences or bodies of knowledge, as in biology and geology.
"Verigy describes a company dealing with the true nature of things," Agilent said in a statement. "The sound of the name connotes energy."
The company's tagline is "the brilliance of innovation." Its Web site address will be www.verigy.com.
Agilent announced in August a strategic move that includes a plan to spin off its Semiconductor Test Solutions (STS) business, comprised of its system-on-chip and system-in-package (SOC/SIP) and memory test market areas. STS will become a new automated test company focused on technology and innovation in semiconductor test. Agilent's target is to complete an initial public offering of Verigy near mid-2006 and to complete the spinoff of Verigy by the end of October.
For more information, visit: www.agilent.com