Eggplant will get acquired by Keysight Applied sciences
The digital automation intelligence firm Eggplant is becoming a member of Keysight Applied sciences, a expertise firm that focuses on serving to enterprises, service suppliers and governments innovate in a safe means. Collectively, the businesses hope to advance the automated software program check market.
Eggplant’s software program check automation platform leverages synthetic intelligence and analytics to automate check creation and check execution. Keysight’s options optimize networks and assist deliver merchandise to market sooner and at decrease prices. It options designed simulation, prototype validation, manufacturing check, and optimization in networks and cloud environments.
“Becoming a member of forces with Keysight offers Eggplant the flexibility to scale our clever automation platform and attain extra organizations throughout the globe,” mentioned Dr. John Bates, CEO of Eggplant. “We share a imaginative and prescient to speed up innovation and collectively we can assist clients on their digital transformation journey. We’re pleased with what we’ve completed by means of our staff and companions’ contributions, and we’re enthusiastic about this subsequent chapter.”
As a part of the acquisition, the businesses will allow bi-directional leverage of measurement applied sciences and supply expanded choices.
The acquisition is valued at $330 million. Eggplant CEO John Bates will be part of the Keysight management staff and report back to Quickly-Chai Gooi, president of its digital industrial options group.
“As a acknowledged chief and trusted advisor in layer 1-7 design and check, Keysight is happy so as to add Eggplant’s check capabilities for the software program software layer, aligning with our technique to develop our first-to-market software-centric options,” mentioned Ron Nersesian, Keysight chairman and CEO. “We’re thrilled to welcome the Eggplant staff to the Keysight household and sit up for working collectively within the fast-growing clever software program check market with differentiated software-as-a-service applied sciences.”