Keysight Continues Software-Centric Solutions Strategy with Planned Acquisition of Optical Solutions Group from Synopsys

Keysight Technologies, Inc. (NYSE: KEYS) announced that it has entered into a definitive agreement with Synopsys, Inc. (NASDAQ: SNPS) to acquire the Optical Solutions Group of Synopsys, a leading developer of optical design and analysis software tools. The transaction is subject to customary closing conditions, including regulatory review and the successful completion of the proposed acquisition of Ansys by Synopsys, which is pending regulatory approvals and is expected to close in the first half of 2025.

The Optical Solutions Group will provide a suite of software solutions for the design, analysis, simulation and virtual prototyping of optical systems, as well as an experienced team with deep industry expertise. With the acquisition of this complementary business, Keysight will broaden its design engineering software portfolio and build on its core positions in radio frequency (RF)/microwave electronic design automation (EDA) and physics-based computer-aided engineering capabilities. Together, Keysight’s design engineering software and hardware test solutions enable customers to innovate efficiently, accurately predict real-world performance and accelerate time to market.