"MX3D, a company spun out by a furniture-maker, will use an external 3D printing system it has developed to print a footbridge across a canal in Amsterdam."
What's the meaning of "spin out" in this sentence? I've found the translation that the company has previously been part of a big corporation, but know has become separate and independent. Is it really so?
That's how I'd understand the phrase. Spun off from is the usual way to say this. Perhaps the sentence was written by a non-native speaker.
I am not a teacher.