Keysight Technologies, or Keysight, is a US company that manufactures electronics test and measurement equipment and software. In 2014, Keysight was spun off from Agilent Technologies, taking with it the product lines focused on electronics and radio, leaving Agilent with the chemical and bio-analytical products.
Keysight's products include hardware and software for benchtop, modular, and field instruments. 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 and handheld tools. In addition, it produces electronic design automation (EDA) software (EEsof division). It mainly serves the telecommunications, aerospace/defense, industrial, computer, and semiconductor industries.
Prior to its existence as an independent company, the group that became Keysight was the electronic test and measurement division of first Hewlett-Packard, and later Agilent. HP began as a company making electronic test equipment, with the computer and life sciences products coming later. In 1999, HP spun-off all test and measurement products into Agilent and retained the computer and printer businesses. On November 1, 2014, the formal separation of Agilent and Keysight Technologies was completed, with Agilent retaining the life science businesses. The separation was implemented through a spinoff of Keysight’s common stock. Agilent shareholders received one share of Keysight common stock for every two shares of Agilent common stock held October 22, 2014.
In August 2015, Keysight announced the acquisition of the UK’s Electroservices Enterprises UK Ltd comprising Electroservices (Midlands) Ltd. and Micro Movements Ltd. Micro Movements Ltd., a bespoke electronic measurement solutions business, was originally incorporated in 1994, with expertise in measurement solutions across a broad range of industry sectors. The company was incorporated into Electroservices Enterprises UK Ltd in 2013.
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.
...high-performance instrumentation approach for benchtop equipment ... also has been adding to its modular portfolio ... as well as portable testing products...
Keysight is, of course, the third name for the business, having been the original company started by Bill Hewlett and Dave Packard in 1939. Agilent severed from HP in 1999 and now Bill and Dave's core business is once again independent.
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.