Keysight Technologies to acquire Synopsys’ Optical Solutions Group

Keysight Technologies (KEYS) “announced it has entered into a definitive agreement with Synopsys (SNPS) to acquire Synopsys’ Optical Solutions Group, a leading developer of optical design and analysis software tools. The transaction is subject to customary closing conditions, including review by regulatory authorities and the successful closing of Synopsys’ proposed acquisition of Ansys, which is pending regulatory approvals and is expected to close in the first half of 2025. The Optical Solutions Group will bring a suite of software solutions for optical systems design, analysis, simulation, and virtual prototyping, as well as a seasoned 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 / microwave electronic design automation and physics-based computer-aided engineering capabilities. Taken together, Keysight’s design engineering software and hardware test solutions enable customers to efficiently innovate, accurately predict real-world performance, and accelerate time-to-market.”