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Spin-out
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they think will have the most growth. In contrast, divestment can also sever one business from another, but the assets are sold off rather ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hewlett-Packard
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components, as well as software and related services to consumers, small and medium-sized businesses ( SMBs), and large enterprises, including customers in the government, health, and education sectors. The company was founded in a one-car garage in Palo Alto by Bill Hewlett and David Packard in 1939, and initially produced a line of electronic test and measurement equipment. The HP Garage at 367 Addison Avenue is now designated an official California Historical Landmark, and is marked with a plaque calling it the "Birthplace of ' Silicon Valley'". The company won its first big contract in 1938 to provide test and measurement instruments for Walt Disney's production of the animated film '' Fantasia'', which allowed Hewlett and Packard to forma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Action
A corporate action is an event initiated by a public company that brings or could bring an actual change to the securities— equity or debt—issued by the company. Corporate actions are typically agreed upon by a company's board of directors and authorized by the shareholders. For some events, shareholders or bondholders are permitted to vote on the event. Examples of corporate actions include stock splits, dividends, mergers and acquisitions, rights issues, and spin-offs. Some corporate actions such as a dividend (for equity securities) or coupon payment (for debt securities) may have a direct financial impact on the shareholders or bondholders; another example is a call (early redemption) of a debt security. Other corporate actions such as stock split may have an indirect financial impact, as the increased liquidity of shares may cause the price of the stock to decrease. Some corporate actions, such as name changes or ticker symbol changes to better reflect a compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australia
Australia, officially the Commonwealth of Australia, is a sovereign ''Sovereign'' is a title which can be applied to the highest leader in various categories. The word is borrowed from Old French , which is ultimately derived from the Latin , meaning 'above'. The roles of a sovereign vary from monarch, ruler or ... country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a megadiverse country, and its size gives it a wide variety of landscapes and climates, with deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approx ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Covidien
Covidien was an Irish-headquartered global health care products company and manufacturer of medical devices and supplies. Covidien became an independent publicly traded company after being spun off from Tyco International in 2007. It was purchased by Medtronic in a transaction that closed in 2015. The now-merged company is headquartered in Ireland, where Covidien was based. History In 2007, Covidien was formed when Tyco International spun off its health care business. In 2012, Covidien acquired Newport Medical Instruments, a small ventilator manufacturer supplier. Newport Medical Instruments had been contracted in 2006 by the U.S. Department of Health and Human Services' Biomedical Advanced Research and Development Authority to design a cheap, portable ventilator. At the time, Newport Medical Instruments had three working prototypes produced, and was on schedule to file for market approval late 2013. Covidien then effectively halted the project, subsequently exiting the con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DreamWorks Studios
DreamWorks may refer to: * DreamWorks Pictures, an American film production company of Amblin ** DreamWorks Television, an American television production company and division of the film studio ** DreamWorks Records, an American record label and former division of the film studio later acquired by Universal Music Group * DreamWorks Animation, an American animation studio and former division of the film studio that is now a subsidiary of NBCUniversal ** DreamWorks Animation Television, an American television animation studio, production company, and the arm and label of DreamWorks Animation. ** DreamWorks Classics, a subsidiary of the animation studio and formerly known as Classic Media * DreamWorks Experience, a themed land at the Dreamworld theme park in Australia * DreamWorks Interactive, a video game production arm later acquired by Electronic Arts See also * Dreamwork Dreamwork differs from classical dream interpretation in that the aim is to explore the various images and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DreamWorks Animation
DreamWorks Animation LLC (DWA, also known as DreamWorks Animation Studios and simply known as DreamWorks) is an American animation studio that produces animated films and television programs and is a subsidiary of Universal Pictures, a division of NBCUniversal, which is itself a division of Comcast. The studio has released 43 feature films , including several of the highest-grossing animated films of all time, with '' Shrek 2'' (2004) having been the highest at the time of its release. The studio's first film, '' Antz'', was released on October 2, 1998 and its latest film was '' Puss in Boots: The Last Wish'', which was released on December 21, 2022; their upcoming slate of films includes '' Trolls 3'' on November 17, 2023 and '' Kung Fu Panda 4'' on March 8, 2024. Additionally, two untitled films are scheduled to be released on February 9, 2024 and September 27, 2024. Formed as a division of DreamWorks Pictures in 1994 with alumni from Amblin Entertainment's former anim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expedia
Expedia Inc. is an online travel agency owned by Expedia Group, an American online travel shopping company based in Seattle. The website and mobile app can be used to book airline tickets, hotel reservations, car rentals, cruise ships, and vacation packages. It is owned and operated by Expedia Group. History Expedia.com launched on October 22, 1996, as a division of Microsoft. In 1999, Microsoft spun off the company as a public company. Rich Barton became Expedia's CEO. In July 2001, USA Networks, Inc. bought Expedia from Microsoft. In December 2010, listings for AMR Corporation, the parent company of American Airlines and American Eagle Airlines, were suspended by Expedia due to a dispute over how American's fares and schedules appeared in the site's search results AMR and Expedia reached an agreement in April 2011, allowing tickets to once again be sold through the aggregate site. In June 2014, Expedia started accepting bitcoins. Starting the 2018-21 cycle, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microsoft
Microsoft Corporation is an American multinational corporation, multinational technology company, technology corporation producing Software, computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washington, United States. Its best-known software products are the Microsoft Windows, Windows line of operating systems, the Microsoft Office Productivity software#Office suite, suite, and the Internet Explorer and Microsoft Edge, Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's List of the largest software companies, largest software maker by revenue as of 2019. It is one of the Big Tech, Big Five American information technology companies, alongside Alphabet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expedia Group
Expedia Group, Inc. is an American online travel shopping company for consumer and small business travel. Its websites, which are primarily travel fare aggregators and travel metasearch engines, include Expedia.com, Hotels.com, Vrbo (previously HomeAway), Travelocity, Hotwire.com, Orbitz, Ebookers, CheapTickets, CarRentals.com, Expedia Cruises, Wotif, and Trivago. According to Rich Barton, the company's first CEO, the word "Expedia" is derived from a combination of "exploration" and "speed". History Founded as a division of Microsoft in October 1996, Expedia was spun off into a public company in 1999. In 2001, IAC/InterActiveCorp (known at the time as USA Networks Inc) bought a controlling interest in the company for an estimated $1.5 billion. In 2003, it was fully purchased by IAC/InterActiveCorp and became part of IAC Travel. Rich Barton resigned as CEO and was replaced by Erik Blachford. In December 2004, IAC announced plans to spin off IAC Travel into Expedia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keysight
Keysight Technologies, or Keysight, is an American company that manufactures electronics test and measurement equipment and software. The name is a blend of ''key'' and ''insight''. The company was formed as a spin-off of Agilent Technologies, which inherited and rebranded the test and measurement product lines developed and produced from the late 1960's to the turn of the millenium by Hewlett-Packard's Test & Measurement division. Products Keysight's products include hardware and software for benchtop, modular, and field instruments. Instruments include oscilloscopes, multimeters, logic analyzers, signal generators, spectrum analyzers, vector network analyzers, atomic force microscopes (AFM), automated optical inspection, automated X-ray inspection ( 5DX), in-circuit testers, power supplies, tunable lasers, optical power meters, wavelength-meters, electro-optic converters, optical modulation analyzers and handheld tools. In addition, it produces electronic design automation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eli Lilly And Company
Eli Lilly and Company is an American pharmaceutical company headquartered in Indianapolis, Indiana, with offices in 18 countries. Its products are sold in approximately 125 countries. The company was founded in 1876 by, and named after, Colonel Eli Lilly, a pharmaceutical chemist and veteran of the American Civil War. As of 2022, Lilly is known for its clinical depression drugs Prozac (fluoxetine) (1986) and Cymbalta ( duloxetine) (2004) and its antipsychotic medication Zyprexa ( olanzapine) (1996), although its primary revenue drivers are the diabetes drugs Humalog ( insulin lispro) (1996) and Trulicity ( dulaglutide) (2014). Lilly's achievements include being the first company to mass-produce the polio vaccine developed by Jonas Salk, and insulin. It was one of the first pharmaceutical companies to produce human insulin using recombinant DNA including Humulin ( insulin medication), Humalog ( insulin lispro), and the first approved biosimilar insulin product in the US ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guidant
Guidant Corporation, part of Boston Scientific and Abbott Labs, designs and manufactures artificial cardiac pacemakers, implantable cardioverter-defibrillators, stents, and other cardiovascular medical products. Their company headquarters is located in Indianapolis, Indiana. Their main competitors are Medtronic, St. Jude Medical, and Johnson and Johnson. History In February 1972, Cardiac Pacemakers, Inc. (CPI) of St. Paul, Minnesota was formed. CPI was a highly successful start up venture, increasing sales from zero in 1972 to over $47 million and highly profitable when it was acquired by Eli Lilly in 1978 for $127 million. In 1977 Eli Lilly & Co. buys IVAC of San Diego (a manufacturer of medical pumps and other hospital equipment) for $60.5 million. In 1980, Eli Lilly & Co. acquires Physio-Control of Redmond, WA. and Advanced Cardiovascular Systems of Santa Clara, CA 984(balloon dilatation catheters and guidewires) along with Devices for Vascular Intervention(DVI) of Redwood ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
