Spin Out - Spin-out Example

Spin-out Example

Some examples of spin-outs in SEC eyes:

• Guidant was spun out of Eli Lilly and Company in 1994, formed from Lilly's Medical Devices and Diagnostics Division.
• Agilent Technologies spun out of Hewlett-Packard in 1999, formed from HP's former test-and-measurement equipment division.
• Cenovus Energy was spun out of Encana Corporation in 2009.
• Ocean Rig UDW Inc was spun out of Dryships Inc in September, 2011.

Example of companies created by technology transfer or licensing, a "spin-out" in the common point of view:

• Oxford NanoLabs and Oxford RF Sensors were set up to commercialize technology based on University of Oxford research, and have been "spun out" by Isis Innovation, the technology transfer arm of the University.

Examples following the second definition of spin-out:

• Shugart Associates was a spin-out of IBM.
• Fairchild Semiconductor was a spin-out of Shockley Transistor; the founders were Shockley's "traitorous eight". Intel was a spin-out of Fairchild, as were a large number of firms in the semiconductor industry.
• AOL was a spin-out of Time Warner.
• DreamWorks Animation was spun out of DreamWorks Studios on October,27, 2004.