Electronic equipment maker Keysight Technologies said on Wednesday it would acquire a controlling stake in French software firm ESI Group in a 913 million euros ($995.81 million) deal. California-based Keysight will pay 155 euros per ESI share in cash, a 72 per cent premium to its closing price on May 17,
Electronic equipment maker Keysight Technologies said on Wednesday it would acquire a controlling stake in French software firm ESI Group in a 913 million euros deal.
"Keysight's acquisition of ESI Group accelerates our strategy of providing software-centric solutions with virtual prototyping and advanced simulation capabilities," Keysight CEO Satish Dhanasekaran said in a statement.
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