Keysight Technologies, Inc. Annual Report - How They Did This Year

Hey there! Let's take a look at how Keysight Technologies, Inc. has been doing this past year, especially with some big moves they've made to grow their business.

Major Business Developments: Expanding Their Reach

Keysight has been quite busy strengthening its position in various technology areas and expanding its offerings through several key acquisitions. These strategic moves are all about bringing in new capabilities and reaching more customers.

Over the past year (their fiscal year 2024, which ran from November 1, 2023, to October 31, 2024), they brought a few companies into the fold:

• ESI Group SA: This acquisition, completed in November 2023, likely boosts Keysight's capabilities in areas like virtual prototyping and simulation, which are crucial for advanced engineering and design.
• Riscure Holding B.V.: Acquired in February 2024, Riscure specializes in security testing for chips and systems. This suggests Keysight is beefing up its cybersecurity and hardware security offerings, a growing and important market.
• AnaPico AG: Joining Keysight in June 2024, AnaPico is known for its signal generation and analysis solutions, which are core to Keysight's traditional test and measurement business.

Looking ahead into their current fiscal year (FY2025), Keysight has continued this strategic growth with more significant acquisitions, particularly towards the end of October 2025:

• Spirent Communications Plc: This is a major acquisition. Spirent is a leader in testing and assurance solutions for networks, cybersecurity, and positioning. Bringing Spirent into the family will significantly enhance Keysight's Communications Solutions Group and Electronic Industrial Solutions Group, allowing them to offer more comprehensive solutions to customers building next-generation communication technologies.
• Synopsys Optical Solutions Group Business: Also acquired in October 2025, this addition will likely expand Keysight's expertise in optical design and testing, a critical area for high-speed data and communication infrastructure.
• Ansys PowerArtist: Finalized at the very end of October 2025, this acquisition suggests Keysight is enhancing its software tools for power analysis and optimization in chip design, helping engineers create more energy-efficient devices.

These acquisitions clearly show that Keysight is actively investing in new technologies and market segments. They're focused on expanding their portfolio in communications, industrial electronics, and related software and security domains to provide more complete solutions to their customers and drive future growth.

Key Takeaways

Keysight Technologies, Inc. has demonstrated a clear strategy of growth through strategic acquisitions across fiscal years 2024 and 2025. These moves aim to expand their capabilities in virtual prototyping, cybersecurity, hardware security, signal generation and analysis, network testing, optical design, and power analysis software. The company is focused on enhancing its offerings in communications, industrial electronics, and related software and security to deliver more comprehensive solutions and drive future growth.