 | |
| Company type | Public |
|---|---|
| Industry |
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| Predecessors | Electronic test and measurement division of HP and laterAgilent Technologies |
| Founded | 2014; 11 years ago (2014) |
| Headquarters | Santa Rosa, California, U.S.[1] |
Key people | Ron Nersesian (chairman) Satish Dhanasekaran (CEO &president)[2] |
| Products |
|
| Revenue |  US$4.98 billion (2024) |
| US$833 million (2024) | |
| US$614 million (2024) | |
| Total assets |  US$9.27 billion (2024) |
| Total equity | US$5.11 billion (2024) |
Number of employees | 15,500 (2024) |
| Divisions |
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| Website | keysight |
| Footnotes / references Financials as of October 31, 2024[update].[3] | |
Keysight Technologies, Inc. is an American company that manufactures electronics test and measurement equipment and software. The name is a blend ofkey andinsight.[2][4] The company was formed as a spin-off ofAgilent Technologies, which inherited and rebranded the test and measurement product lines developed and produced from the late 1960s to the turn of the millennium byHewlett-Packard's Test & Measurement division.
Keysight's products include hardware and software for benchtop, modular, and field instruments.[5] Instruments includeoscilloscopes,multimeters,logic analyzers,signal generators,spectrum analyzers,vector network analyzers,atomic force microscopes (AFM),automated optical inspection,automated X-ray inspection (5DX),in-circuit testers,power supplies,tunable lasers,optical power meters, wavelength-meters, electro-optic converters, optical modulation analyzers and handheld tools.[6] In addition, it produceselectronic design automation (EDA) software (PathWave Design division).[7] It mainly serves the telecommunications, aerospace/defense, industrial, computer, and semiconductor industries.[8]
Keysight acquired British electronic measurement instrument makerAnite in 2015 for £388 million ($607 million).[9] In 2017, Keysight acquired data technology companyIxia for about $1.6 billion in cash.[10][11] The company acquired British software testing companyEggplant Software fromThe Carlyle Group for $330 million in 2020.[12] From 2019 to 2021, the company focused on 5G, introducing advanced products such as the Infiniium UXR-Series oscilloscopes. In 2023, the company acquired France-basedESI Group for approximately $1 billion.[13] In 2024, Keysight outbidViavi Solutions to acquire British telecommunications testing companySpirent for $1.5 billion.[14]
On August 3, 2021, Keysight entered into a Consent Agreement with theDirectorate of Defense Trade Controls,Bureau of Political-Military Affairs,Department of State ("DTCC") to resolve alleged violations of theArms Export Control Act and theInternational Traffic in Arms Regulations ("ITAR"). Pursuant to the Consent Agreement, Keysight was assessed a penalty of $6.6 million to be paid over three years, $2.5 million of which was suspended and designated for remediation activities over three years, including employment of a special compliance officer. The suspended portion of the penalty was satisfied by amounts spent on qualifying compliance activities. On April 23, 2024, Keysight made the final payment on the penalty, bringing the total amount paid to $4.1 million. On May 3, 2024, Keysight submitted a certification letter to the DTCC certifying that it had implemented all aspects of the Consent Agreement and that the company’s compliance program is adequate to identify, prevent, detect, correct, and report violations of the ITAR.[15][16][17]
From its launch in 2014 until 2020, Keysight increased its investment inR&D from approximately 12% to 16%, a percentage increase that represented almost a doubling of the investment in absolute dollars.[18]
Keysight won the 2014 Global Frost & Sullivan award for market leadership with $300 million in instrumentation software revenue. The citation states R&D investment of 12% of revenue ($365 million in 2013) as an important factor.[19][non-primary source needed]
In recent years, Keysight received a ranking of #46 on Forbes list of “American’s Best Midsize Companies.[6]”
Keysight was recently ranked #46 on Fortune's 2022 100 Best Companies to Work for.[20]
... high-performance instrumentation approach for benchtop equipment ... also has been adding to its modular portfolio ... as well as portable testing products ...
Investing over 12% of its revenues in R&D, resulting into $365 million in its last fiscal year (2013), has led to the company's success, enabling it to introduce new software meeting evolving end-user technologies.
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