Agilent Technologies India Private Limited In 1999 the company’s test and measurement and related divisions spin-off to form Agilent Technologies. Agilent embodies the test and measurement legacy that began with Bill and Dave in that small Palo Alto garage in 1939. Now a fully independent measurement company, Agilent is in position to lead the test and measurement industry into the 21st century with its innovation and excellence. 1999 HP announces strategic realignment to create an independent measurement company composed of test and measurement components, chemical analysis and medical businesses, and a computing and imaging company that includes all of HP’s computing, printing and imaging businesses. Agilent Technologies, the name of the new measurement company, is announced at historic brand-identity launch event in San Jose, Calif., announced by Agilent President and Chief Executive Officer Ned Barnholt. Initial public stock offering on Nov. 18, 1999, raises $2.1 billion and breaks records as the largest IPO in Silicon Valley history. Release of Agilent’s optical mouse sensor eliminates need for mouse pads, and allows for creation of a more precise and longer lasting computer mouse.