US-based equipment and software testing firm Keysight Technologies is to acquire UK firm Anite for £388 million (€542 million) in an effort to expand its wireless R&D and testing activities.
Anite, which supplies wireless testing and measurement software, will be absorbed by Keysight’s Dutch subsidiary as the latter looks to widen its market.
The UK company offers testing solutions for global suppliers of chipsets, mobile devices and network equipment, serving a range of vendors, MNOs and independent equipment testing firms.
The company has an ongoing deal with Deutsche Telekom, under which it supplies interoperability testing solutions for mobile devices.
Keysight said the cash acquisition had been “unanimously recommended” by Anite’s board of directors. The transaction is expected to close by November this year.
Ron Nersesian, Keysight president and CEO, said: “As a leading supplier of software solutions for wireless research and development, Anite is aligned with Keysight’s strategy to grow in wireless and increase our software offerings. The combination of Keysight and Anite...enables us to offer a broad portfolio of leading-edge solutions throughout the wireless research and development cycle.
“This will help us to expand our portfolio into the software layer for design and validation, and expand Keysight's position as a supplier for wireless design and validation tools. We look forward to welcoming the talented team at Anite and the value this combination will deliver to customers worldwide.”