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.