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The Lucent spinoff is Agere Systems, a microelectronics business in Allentown, Pa., that will become independent next spring.
John Young, a board member and former chief executive of Hewlett-Packard, was named by Lucent Technologies as chairman of its microelectronics business.
The Millipore Corporation said yesterday that it planned to split into two separate companies by spinning off its microelectronics business in an initial public offering.
Ms. Sienko said that McCann-Erickson Worldwide iNew Yorkrk, part of the McCann-Erickson Wofld Group unInterpublicpublic, the agency that handles corporate advertising for Lucent, had also handled the microelectronics business.
Lucent Technologies has narrowed a review for the global advertising account of its yet-to-be-renamed microelectronics business -- which the company plans to spin off -- to four finalists from a list of nine.
The company said today that John Dickson would become president and chief executive of the company's microelectronics business when it is spun off into a separate company next year.
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"You don't want 3-D for a highly detailed spreadsheet," says Joel Pollack, vice president of Sharp's Microelectronics Display business.
"We also think there is synergy between the microelectronics in this business and our C.R.M. business," said Mr. Donovan, referring to implantable cardiac rhythm management devices like defibrillators and pacemakers.
Separately, I.B.M. named Michel Mayer to lead I.B.M. Microelectronics, its semiconductor business.
The company also took certain actions intended to improve the long-term competitiveness of the company's microelectronics and storage businesses.
While IBM's next quarter isn't expected to be as strong as this one, the company's key Unix, services, microelectronics and storage businesses should continue to grow at least 15% or more, according to Goldman Sachs analyst Laura Conigliaro.
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