M&A Deal Summary

Keysight Technologies Acquires Spirent Communications

On March 28, 2024, Keysight Technologies acquired communications company Spirent Communications for 1.5B USD

Acquisition Highlights
  • This is Keysight Technologies’ 2nd transaction in the Communications sector.
  • This is Keysight Technologies’ 2nd largest (disclosed) transaction.
  • This is Keysight Technologies’ 4th transaction in the United Kingdom.

M&A Deal Summary

Date 2024-03-28
Target Spirent Communications
Sector Communications
Buyer(s) Keysight Technologies
Deal Type Add-on Acquisition
Deal Value 1.5B USD

Target

Spirent Communications

Crawley, United Kingdom
Spirent Communications operates as a communications test and measurement company in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Spirent Communications was founded in 1936 and is based in Crawley, the United Kingdom.

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Buyer(S) 1

Buyer

Keysight Technologies

Santa Rosa, California, United States

Category Company
Founded 1939
Sector Test/Measurement Equipment
Employees15,400
Revenue 5.5B USD (2023)
DESCRIPTION
Keysight facility in Santa Clara, California.
Keysight facility in Santa Clara, California.

Keysight Technologies is a measurement company that provides electronic design and test solutions to the communications and electronics industries. Keysight provides electronic measurement instruments and systems and related software, software design tools, and related services that are used in the design, development, manufacture, installation, deployment, and operation of electronic equipment. Related services include start-up assistance, instrument productivity, application services, and instrument calibration and repair. Keysight Technologies was formed in 1939 and is based in Santa Rosa, California.


DEAL STATS #
Overall 11 of 12
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 10 of 10
Country (United Kingdom) 4 of 4
Year (2024) 1 of 2
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-28 ESI Group

Rungis, France

ESI Group is a virtual manufacturing, performance, seat, vibro-acoustics, virtual environment, virtual integration platform, and virtual reality solutions. The Group provides customized solutions anchored on predictive physics modeling and virtual prototyping expertise to allow industries to make the right decisions at the right time while managing their complexity. ESI Group was founded in 1973 and is based in Rungis, France.

Buy €913M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-19 Synopsy - Optical Solutions Group

Sunnyvale, California, United States

Synopsys' Optical Solutions Group develops optical design tools.

Buy -