Keysight Technologies, Inc has completed the acquisition of Anite. Keysight paid approximately $600 million in cash for Anite – a supplier of software solutions for wireless research and development – in a deal that supports Keysight’s strategy to grow in wireless and expand its software offerings.
“The acquisition of Anite strengthens Keysight’s wireless portfolio and helps us to expand our software offerings as we transition to a software-oriented solutions company,” said Ron Nersesian, Keysight president and CEO. “Our combined, complementary strengths will enable us to provide greater value and more possibilities for our customers.”
“We are very pleased to welcome Anite to Keysight,” added Nersesian.
Keysight Technologies is a global electronic measurement technology and market leader helping to transform its customers’ measurement experience through innovations in wireless, modular, and software solutions.
Keysight’s electronic measurement instruments, systems, software and services are used in the design, development, manufacture, installation, deployment and operation of electronic equipment. The business had revenues of $2.9 billion in fiscal year 2014.