Keysight

Last updated
Keysight Technologies, Inc.
Company type Public
Industry
  • Electronics
PredecessorsElectronic test and measurement division of HP and later Agilent Technologies
Founded2014;10 years ago (2014)
Headquarters Santa Rosa, California, U.S. [1]
Key people
Ron Nersesian
(Chairman)
Satish Dhanasekaran
(CEO & president) [2]
Products
  • Electronic measurement equipment
RevenueIncrease2.svg US$5.46 billion (2023)
Increase2.svgUS$1.36 billion (2023)
Decrease2.svgUS$1.06 billion (2023)
Total assets Increase2.svgUS$8.68 billion (2023)
Total equity Increase2.svgUS$4.65 billion (2023)
Number of employees
c.14,900 (2023)
Divisions
  • PathWave Design
  • PathWave Test
  • oscilloscopes
  • vector network analyzers
  • modular instruments
  • field instruments
  • bench instruments
Website keysight.com
Footnotes /references
Financials as of October 31,2023. [3]

Keysight Technologies, Inc., or Keysight, is an American company that manufactures electronics test and measurement equipment and software. The name is a blend of key and insight. [2] [4] The company was formed as a spin-off of Agilent Technologies, which inherited and rebranded the test and measurement product lines developed and produced from the late 1960s to the turn of the millennium by Hewlett-Packard's Test & Measurement division.

Contents

Products

Keysight's products include hardware and software for benchtop, modular, and field instruments. [5] Instruments include oscilloscopes, multimeters, logic analyzers, signal generators, spectrum analyzers, vector network analyzers, atomic force microscopes (AFM), automated optical inspection, automated X-ray inspection (5DX), in-circuit testers, power supplies, tunable lasers, optical power meters, wavelength-meters, electro-optic converters, optical modulation analyzers and handheld tools. [6] In addition, it produces electronic design automation (EDA) software (EEsof division). [7] It mainly serves the telecommunications, aerospace/defense, industrial, computer, and semiconductor industries. [8]

History

The 2017 Tubbs wildfire incinerated two buildings on the headquarters campus of Keysight in the Fountain Grove neighborhood of Santa Rosa, causing the complete loss of historical archives of Hewlett-Packard (consisting of over 100 boxes of documents from William Hewlett and David Packard, who had founded the company in Silicon Valley in 1938). [9] A former HP employee who had previously been in charge of the archives commented that "a huge piece of American business history is gone", and Keysight disputed criticism that the archives (which it had acquired at the time of its founding in 2014) had been inadequately protected. [9]

In 2021, the United States Department of State fined Keysight $6.6 million for unauthorized sales of defense-related software to China, Russia, and 15 other countries from 2015 to 2018, in violation of the Arms Export Control Act and the International Traffic in Arms Regulations. [10] According to the State Department, some of the sales posed a risk to national security, and the company had been notified of potential unauthorized data transactions in 2017. Keysight agreed to pay the fine and to hire a compliance officer to conduct future audits. [11]

Acquisitions

Keysight acquired data technology company Ixia for about $1.6 billion in cash in 2017. [12] [13] The company acquired France-based ESI Group for approximately $1 billion. [14] In 2024, Keysight outbid Viavi Solutions to acquire British telecommunications testing company Spirent for $1.5 billion. [15]

Research and development

From its launch in 2014 until 2020, Keysight increased its investment in R&D from approximately 12% to 16%, a percentage increase that represented almost a doubling of the investment in absolute dollars. [16]

Awards

Keysight won the 2014 Global Frost & Sullivan award for market leadership with $300 million in instrumentation software revenue. The citation states R&D investment of 12% of revenue ($365 million in 2013) as an important factor. [17] [ non-primary source needed ]

In recent years, Keysight received a ranking of #46 on Forbes list of “American’s Best Midsize Companies. [6]

Keysight was recently ranked #46 on Fortune's 2022 100 Best Companies to Work for. [18]

Related Research Articles

<span class="mw-page-title-main">Logic analyzer</span> Electronic test instrument that measures multiple signals from a circuit

A logic analyzer is an electronic instrument that captures and displays multiple logic signals from a digital system or digital circuit. A logic analyzer may convert the captured data into timing diagrams, protocol decodes, state machine traces, opcodes, or may correlate opcodes with source-level software. Logic analyzers have advanced triggering capabilities, and are useful when a user needs to see the timing relationships between many signals in a digital system.

<span class="mw-page-title-main">IEEE-488</span> General Purpose Interface Bus (GPIB) specification

IEEE 488, also known as HP-IB and generically as GPIB, is a short-range digital communications 8-bit parallel multi-master interface bus specification developed by Hewlett-Packard. It subsequently became the subject of several standards.

<span class="mw-page-title-main">Agilent Technologies</span> American technology company

Agilent Technologies, Inc. is a global company headquartered in Santa Clara, California, that provides instruments, software, services, and consumables for laboratories. Agilent was established in 1999 as a spin-off from Hewlett-Packard. The resulting IPO of Agilent stock was the largest in the history of Silicon Valley at the time. From 1999 to 2014, the company produced optics, semiconductors, EDA software and test and measurement equipment for electronics; that division was spun off to form Keysight. Since then, the company has continued to expand into pharmaceutical, diagnostics & clinical, and academia & government (research) markets.

Keysight VEE is a graphical dataflow programming software development environment from Keysight Technologies for automated test, measurement, data analysis and reporting. VEE originally stood for Visual Engineering Environment and developed by HP designated as HP VEE; it has since been officially renamed to Keysight VEE. Keysight VEE has been widely used in various industries, serving the entire stage of a product lifecycle, from design, validation to manufacturing. It is optimized in instrument control and automation with test and measurement devices such as data acquisition instruments like digital voltmeters and oscilloscopes, and source devices like signal generators and programmable power supplies.

<span class="mw-page-title-main">PCI eXtensions for Instrumentation</span>

PCI eXtensions for Instrumentation (PXI) is one of several modular electronic instrumentation platforms in current use. These platforms are used as a basis for building electronic test equipment, automation systems, and modular laboratory instruments.

Rocky Mountain BASIC is a dialect of the BASIC programming language created by Hewlett-Packard. It was especially popular for control of automatic test equipment using GPIB. It has several features which are or were unusual in BASIC dialects, such as event-driven operation, extensive external I/O support, complex number support, and matrix manipulation functions. Today, RMB is mainly used in environments where an investment in RMB software, hardware, or expertise already exists.

Spirent Communications plc is a British multinational telecommunications testing company headquartered in Crawley, West Sussex, in the United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

PathWave Design is a division of Keysight Technologies that was formerly called EEsof. It is a provider of electronic design automation (EDA) software that helps engineers design products such as cellular phones, wireless networks, radar, satellite communications systems, and high-speed digital wireline infrastructure. Applications include electronic system level (ESL), high-speed digital, RF-Mixed signal, device modeling, RF and Microwave design for commercial wireless, aerospace, and defense markets.

Momentum is 3-D planar EM simulation software for electronics and antenna analysis, a partial differential equation solver of Maxwell's equations based on the method of moments. It is a 3-D planar electromagnetic (EM) simulator used for passive circuit analysis.

A digital pattern generator is a piece of electronic test equipment or software used to generate digital electronic stimuli. Digital electronics stimuli are a specific kind of electrical waveform varying between two conventional voltages that correspond to two logic states. The main purpose of a digital pattern generator is to stimulate the inputs of a digital electronic device. For that reason, the voltage levels generated by a digital pattern generator are often compatible with digital electronics I/O standards – TTL, LVTTL, LVCMOS and LVDS, for instance.

<span class="mw-page-title-main">X-parameters</span>

X-parameters are a generalization of S-parameters and are used for characterizing the amplitudes and relative phase of harmonics generated by nonlinear components under large input power levels. X-parameters are also referred to as the parameters of the Poly-Harmonic Distortion (PHD) nonlinear behavioral model.

<span class="mw-page-title-main">Hewlett-Packard</span> American information technology company (1939–2015)

The Hewlett-Packard Company, commonly shortened to Hewlett-Packard or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components, as well as software and related services to consumers, small and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors. The company was founded in a one-car garage in Palo Alto by Bill Hewlett and David Packard in 1939, and initially produced a line of electronic test and measurement equipment. The HP Garage at 367 Addison Avenue is now designated an official California Historical Landmark, and is marked with a plaque calling it the "Birthplace of 'Silicon Valley'".

Chroma ATE Inc. 致茂電子, is a Taiwanese electronic test and measurement instrumentation company founded in 1984. The company develops and manufactures a range of electronic test and measurement equipment, automated testing equipment (ATE), signal generator, power supplies, and intelligent manufacturing execution systems (MES). The company is part of Taiwan-based conglomerate Chroma Group. The company reported revenues of NT$16.9 billion with net income of NT$2.5 billion in 2018.

Pittcon Editors’ Awards honoured the best new products on show at the Pittsburgh Conference on Analytical Chemistry and Applied Spectroscopy, or Pittcon, for 20 years from 1996 having been established by Dr Gordon Wilkinson, managing editor of Analytical Instrument Industry Report. On 8 March 2015, the event returned to the Morial Convention Center in New Orleans and this was the last occasion when the awards were presented.

AdvancedTCA Extensions for Instrumentation and Test (AXIe) is a modular instrumentation standard created by Aeroflex, Keysight Technologies, and Test Evolution Corporation. (In October 2008, Aeroflex had purchased a 40% shareholding in Test Evolution.)

Corelis, Inc, a subsidiary of Electronic Warfare Associates, is a private American company categorized under Electronic Equipment & Supplies and based in Cerritos, California.

<span class="mw-page-title-main">Ixia (company)</span> US computer networking company

Ixia was a public computer networking company operating in around 25 countries until its acquisition by Keysight Technologies Inc. in 2017. Ixia was headquartered in Calabasas, California and had approximately 1,750 employees.

<span class="mw-page-title-main">Viavi Solutions</span> U.S. technology company

Viavi Solutions, formerly part of JDS Uniphase Corporation (JDSU), is an American network test, measurement and assurance technology company based in Chandler, Arizona. The company manufactures testing and monitoring equipment for networks. It also develops optical technology used for a range of applications including material quality control, currency anti-counterfeiting and 3D motion sensing, including Microsoft's Kinect video game controller.

<span class="mw-page-title-main">Gary Babcock Gordon</span>

Gary Gordon is a retired engineer, naval officer, associate professor at San Jose State University, Agilent Technologies Fellow, and co-founder of Cambotics, a company pioneering robotic studio camera dollies.

References

  1. "Form 10-12B, Registration of securities, for SEC Accession No. 0001047469-14-001833". US Securities and Exchange Commission. 2014-03-05. Retrieved 19 December 2014.
  2. 1 2 "Keysight Technologies Fact Sheet" (PDF). Keysight. 17 November 2014. Retrieved 19 December 2014.
  3. "Keysight Technologies, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 15 December 2023.
  4. "Agilent Technologies Reveals Name of Electronic Measurement Spin-Off Company". Agilent. 7 January 2014. Archived from the original on 8 December 2019. Retrieved 19 December 2014.
  5. Kelly Hill (December 9, 2014). "After spin-off, Keysight strikes out on its own". RCR Wireless News. Retrieved 2015-01-03. ...high-performance instrumentation approach for benchtop equipment ... also has been adding to its modular portfolio ... as well as portable testing products...
  6. 1 2 "Keysight News Archive | Agilent Technologies Reveals Name of Electronic Measurement Spin-Off Company | Keysight Press Release". about.keysight.com. 2014-01-07. Retrieved 2018-10-19.
  7. Keysight. "Circuit Design Software". Keysight.
  8. Hindle, Patrick; Lerude, Gary (January 14, 2015). "Keysight Technologies: Reborn". Microwave Journal. Retrieved 2015-01-15.
  9. 1 2 Digitale, Robert (2017-10-29). "HP historical archives destroyed in Santa Rosa fires". Santa Rosa Press Democrat. Retrieved 2023-06-03.
  10. Swindell, Bill (August 16, 2021). "Keysight Technologies penalized $6.6 million after exporting unauthorized software". The Press Democrat . Retrieved July 27, 2022.
  11. Forrester, Brett (August 9, 2021). "State Department Fines Radar Company for Unauthorized Exports to China, Russia". The Wall Street Journal . Retrieved July 28, 2022.
  12. "Keysight Technologies to buy Ixia for $1.6 billion". Reuters. January 30, 2017. Retrieved March 30, 2024.
  13. "Keysight Technologies Announces Closing of Acquisition of Ixia" (Press release). Keysight. April 18, 2017. Retrieved March 30, 2024.
  14. "Keysight to buy French software firm ESI Group for nearly $1 billion". Reuters. June 28, 2023.
  15. "Keysight outbids rival Viavi to buy UK's Spirent for $1.5 billion". Reuters. March 29, 2024.
  16. "Pushing the limits of tech measurement". 17 August 2021.
  17. "Frost & Sullivan Lauds Keysight Technologies for Maintaining its Lead in the Instrumentation Software Market". Frost & Sullivan. December 3, 2014. Archived from the original on January 10, 2015. Retrieved 2015-01-03. Investing over 12% of its revenues in R&D, resulting into $365 million in its last fiscal year (2013), has led to the company's success, enabling it to introduce new software meeting evolving end-user technologies.
  18. "100 Best Companies to Work For". Fortune. Retrieved 2022-07-20.