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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

December 4, 2006 at 12:12 PM

Redmond spinoff to go public

Looks like Redmond is be getting a new publicly traded company. Medical device maker Medtronic says it’s going to spin off its Redmond division into an independent company that carries the division’s former name, Physio-Control.

Physio-Control, which makes heart defribrillators, will have about 1,200 employees — half of them based in Redmond — and annual sales of about $450 million.

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