Public Company Software

Keysight Technologies

Santa Rosa, California, United States

Keysight empowers innovators to explore, design, and bring world-changing technologies to life through software-centric solutions for engineers. Leveraging its leadership in test and measurement, Keysight enables design, emulation, and test workflows across communications, industrial automation, aerospace and defense, automotive, energy, semiconductor, and general electronics markets.

Focus Areas
Test and measurement, Design engineering software, Emulation
Website
keysight.com

Tracked deals

6

6 tracked deals across 2021-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

6 buyout

Keysight Technologies Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Keysight Technologies. 1 2021 2 2024 2 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Keysight Technologies, Inc.
    Target
    VPIphotonics
    Industry
    IT Services
    Location
    Berlin, Germany
    Type
    Buyout

    Keysight Technologies completed its acquisition of VPIphotonics on June 9, 2026. The deal adds system-level simulation capabilities to Keysight’s photonic design automation portfolio, enabling optical and electrical engineers to evaluate full photonic link performance within a connected workflow.

  • Buyer
    Keysight Technologies, Inc.
    Target
    Synopsys Optical Solutions Group, Ansys PowerArtist
    Seller
    Synopsys, Inc., Ansys, Inc.
    Industry
    Software
    Location
    United States
    Type
    Buyout

    Keysight Technologies completed the acquisition of the Optical Solutions Group from Synopsys and the PowerArtist product from Ansys. The deals expand Keysight's design engineering software and system-level simulation capabilities—adding optical/photonic design tools and RTL power-analysis capabilities to its portfolio.

  • Buyer
    Keysight Technologies, Inc.
    Target
    Spirent Communications plc
    Industry
    IT Services
    Location
    United States
    Type
    Buyout

    Keysight Technologies completed its acquisition of Spirent Communications plc for approximately £1.16 billion (about US$1.46 billion) on a fully diluted basis. Under the DOJ consent decree, Keysight agreed to divest Spirent’s high-speed Ethernet, network security, and channel emulation business lines to address regulatory requirements.

  • Buyer
    Keysight Technologies, Inc.
    Target
    Synopsys' Optical Solutions Group
    Seller
    Synopsys, Inc.
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    Keysight Technologies entered into a definitive agreement to acquire Synopsys’ Optical Solutions Group, a developer of optical design and analysis software tools. The deal expands Keysight’s design engineering software portfolio for optical systems design, analysis, simulation, and virtual prototyping, and is expected to close in the first half of 2025 subject to customary approvals and conditions, including regulatory review of Synopsys’ pending acquisition of Ansys.

  • Buyer
    Keysight Technologies, Inc., Keysight Technologies Netherlands B.V.
    Target
    ESI Group
    Industry
    Software
    Location
    France
    Type
    Buyout

    Keysight Technologies announced the successful result of its cash tender offer for ESI Group shares and will hold 98.2% of ESI's share capital following settlement. Keysight said it will request a squeeze-out of remaining shares at the same cash price (€155 per share); ESI is a France-based provider of predictive physics modeling and virtual prototyping software with ~1,000 employees and ~€130m in 2022 revenue.

  • Buyer
    Keysight Technologies
    Target
    Sanjole
    Type
    Buyout

    Keysight Technologies has completed the acquisition of Sanjole, a provider of protocol decoding and interoperability test solutions for 4G, 5G and other wireless technologies. The deal augments Keysight’s 5G test and measurement portfolio by adding Sanjole’s hardware and software capabilities to help customers troubleshoot complex wireless protocol and interoperability issues; terms were not disclosed.

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