Objective Systems Integrators Rockets on Takeover by Agilent
Objective Systems Integrators
(OSII)
was up 25% in preopen
Island
trading after announcing it will be bought by
Agilent Technologies
(A) - Get Report
for about $665 million, or $17.75 per share, in cash. Agilent, an electronics testing and manufacturing company, said the acquisition will add to its revenue growth for 2001 but cut earnings per share by 2 cents.