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Keysight to buy Anite for GBP 388 million
2015-06-17 10:22:00| Telecompaper Headlines
(Telecompaper) Keysight Technologies has agreed to by UK-based wireless testing equipment provider Antie for GBP 388 million cash. Keysight said the acquisition is in line with its strategy of expanding in software for wireless research and development. Anite will help expand its portfolio into the software layer for design and validation, and grow Keysight's position as a supplier for wireless design and validation tools. Anite's tools help design and validate chipsets, mobile devices and network equipment. Its customers include major manufacturers of mobile devices, chipsets and network equipment, mobile network operators, regulatory authorities, and independent test houses. With offices in 14 countries, Anite has more than 500 employees worldwide. Pending approval from regulators and Anite's shareholders, the takeover is expected to close by the end of October.
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Category:Telecommunications