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Technology Stocks : Hewlett-Packard (HPQ)
HPQ 27.67+0.6%Oct 31 9:30 AM EDT
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To: Elroy who wrote (4278)3/31/2015 1:19:07 PM
From: Kirk ©   of 4345
 
Here is another I forgot about...

When I started at HP, it was at the Optoelectronics Division...OED the one that invented the LEDs for the HP01 watch and HP35 calculator. I joined the new group that was using the LEDs for optocouplers, bar code readers and later fiber optics then later spun off to became the Optical Communication Division, OCD.

OCD is probably mostly in Avago now and OED became a joint venture, spun off from Agilent, with Philips, called Lumileds. It looks like this will go private and probably later IPO much like Avago.

bloomberg.com

(Bloomberg) -- Royal Philips NV agreed to sell a majority stake in its Lumileds lighting components unit to a group of investors as Chief Executive Officer Frans van Houten focuses the Dutch company on the consumer health-care market.
The buyers led by GO Scale Capital beat a rival consortium consisting of KKR & Co. and CVC Capital Partners and will pay Philips $2.8 billion for the 80.1 percent stake. GO Scale is a fund sponsored by GSR Ventures, which has offices in Beijing, Hong Kong and Silicon Valley, and Oak Investment Partners.
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