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Keysight Technologies, Inc. is a global leader in the computing, communications, and electronics market, dedicated to enhancing customer success by tackling critical challenges in product development and commercialization. The company provides a wide array of design and test solutions that support engineering workflows in designing, manufacturing, deploying, and optimizing products and solutions . Keysight's offerings include hardware, software, and services utilized across various industries such as communications, aerospace defense, government, automotive, energy, industrial, general electronics, and semiconductor .
- R&D Solutions - Offers design and test solutions primarily for research and development applications, driving innovation and product development across multiple industries.
- Communications Solutions Group - Develops solutions for the communications sector, adapting to market demand fluctuations and enhancing connectivity technologies .
- Software Solutions - Expands software offerings for simulation and emulation, bolstered by the acquisition of ESI Group SA, to improve product design and testing capabilities .
- Manufacturing and Operations Solutions - Provides tools and services for manufacturing and operational applications, supporting efficient production and deployment processes.
- Recurring Software and Services - Focuses on stable revenue streams through recurring software and service offerings, contributing significantly to the company's revenue growth .
| Name | Position | External Roles | Short Bio | Start Date |
|---|---|---|---|---|
Ingrid Estrada Executive | Senior Vice President, Chief People and Administrative Officer, Chief of Staff | None | Ingrid Estrada has been with Keysight since December 2013 and has held her current role since August 2017. | August 2017 |
Jason A. Kary Executive | Senior Vice President and President of the Electronic Industrial Solution Group | None | Jason A. Kary has been with Keysight since December 2013 and became President of the Electronic Industrial Solution Group in November 2024. | November 2024 |
Jeffrey K. Li Executive | Senior Vice President, General Counsel, and Secretary | None | Jeffrey Li has been with Keysight since December 2013 and has served as General Counsel since July 2019. | July 2019 |
John Page Executive | Senior Vice President and President of Global Services | None | John Page joined Keysight in February 2014 and has led the Global Services division since November 2015. | November 2015 |
Kailash Narayanan Executive | Senior Vice President and President of the Communications Solutions Group | None | Kailash Narayanan has been with Keysight for over 26 years and has led the Communications Solutions Group since November 2021. | November 2021 |
Lisa Poole Executive | Vice President, Corporate Controller, and Principal Accounting Officer | None | Lisa Poole has been with Keysight since March 2014 and became Principal Accounting Officer in August 2023. | August 2023 |
Mark Wallace Executive | Senior Vice President and Chief Customer Officer | None | Mark Wallace joined Keysight in November 2014 and has been Chief Customer Officer since September 2022. He plans to retire by May 2025. | September 2022 |
Neil Dougherty Executive | Executive Vice President and Chief Financial Officer | None | Neil Dougherty joined Keysight in December 2013 and has served as CFO since May 2022. He played a significant role in financial leadership during Keysight's growth. | May 2022 |
Satish Dhanasekaran Executive | President and Chief Executive Officer | Board Member at Zebra Technologies | Satish Dhanasekaran has been with Keysight since November 2014 and became CEO in May 2022. He has held various leadership roles and has been instrumental in driving growth and operational excellence. | May 2022 |
Soon Chai Gooi Executive | Senior Vice President, Order Fulfillment and Digital Software Solutions | None | Soon Chai Gooi has been with Keysight since its inception in December 2013 and has held various leadership roles focusing on operational excellence. | December 2013 |
Sung (Steve) J. Yoon Executive | Senior Vice President, Global Sales | None | Steve Yoon has been with Keysight since before 2016 and became Senior Vice President, Global Sales in November 2024. | November 2024 |
Charles J. Dockendorff Board | Director | Board Member at Boston Scientific Corporation, Haemonetics Corporation, Hologic, Inc. | Charles J. Dockendorff has been a director at Keysight since October 2014 and has extensive financial leadership experience from his time at Covidien plc. | October 2014 |
James G. Cullen Board | Director | Board Member at Avinger, Inc. | James G. Cullen has been a director at Keysight since October 2014 and brings extensive managerial experience from his previous roles at Bell Atlantic Corporation. | October 2014 |
Jean M. Nye Board | Lead Independent Director | None | Jean M. Nye has been a director at Keysight since October 2014 and has extensive experience in human resources and strategic planning from her time at Agilent and Hewlett-Packard. | October 2014 |
Joanne B. Olsen Board | Director | Board Member at Ciena Corporation, Teradata Corporation | Joanne B. Olsen has been a director at Keysight since May 2019 and has extensive experience in sales and support from her roles at Oracle and IBM. | May 2019 |
Kevin A. Stephens Board | Director | Board Member at Crown Castle International Corp. | Kevin A. Stephens has been a director at Keysight since March 2022 and has extensive management experience in technology and internet services. | March 2022 |
Michelle J. Holthaus Board | Director | Interim co-CEO and CEO of Intel Products | Michelle J. Holthaus has been a director at Keysight since May 2021 and has extensive experience in sales and marketing from her roles at Intel Corporation. | May 2021 |
Paul A. Lacouture Board | Director | None | Paul A. Lacouture has been a director at Keysight since March 2019 and previously served as a director of Neustar, Inc.. | March 2019 |
Richard P. Hamada Board | Director | Board Member at Trinity Capital, Inc. | Richard P. Hamada has been a director at Keysight since October 2014 and brings expertise in sales, marketing, and management. | October 2014 |
Robert A. Rango Board | Director | Board Member at KLA Corporation, Microchip Technology Incorporated | Robert A. Rango has been a director at Keysight since November 2015 and brings expertise in semiconductor and technology management. | November 2015 |
Ronald S. Nersesian Board | Non-Executive Chair of the Board | Board Member at Trimble Inc. | Ronald S. Nersesian has been with Keysight since December 2013 and has served in various leadership roles, including CEO and Chair of the Board. | May 2023 |
- Given the concentrated nature of AI-driven wireline growth heavily reliant on hyperscaler investments, how sustainable do you believe this trend is, and what steps are you taking to mitigate potential slowdowns in hyperscaler spending?
- With double-digit declines in orders and revenue in the automotive sector and delays in EV and battery testing projects, what strategies are you implementing to address this weakness, and when do you anticipate a meaningful turnaround?
- The delays in U.S. defense budget approvals have impacted your aerospace, defense, and government business; how significant is this impact, and what contingency plans do you have if these delays continue longer than expected?
- You mentioned expecting a gradual recovery in 2025 despite mixed signals in your end markets; what gives you confidence in this outlook, and what are the key risks that could potentially derail this recovery?
- Regarding the pending acquisition of Spirent, can you elaborate on how this acquisition aligns with your strategic objectives, what synergies you expect to achieve, and whether you foresee any challenges in integration or regulatory approval processes?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
AnaPico AG | 2024 | Deal Value: $117 million, net of cash acquired. Strategic Rationale: The acquisition supports the expansion of the customer base in commercial communications, automotive, aerospace, defense, and government markets and includes key intangible assets such as developed technology and customer relationships. |
Riscure Holding B.V. | 2024 | Deal Value: $78 million, net of cash acquired. Strategic Rationale: The acquisition enhances automated security assessment capabilities for semiconductors, embedded systems, and connected devices, with the recognition of significant goodwill and intangible assets. |
ESI Group SA | 2024 | Deal Value: A two-phase acquisition at a total of $935 million, net of cash acquired. Strategic Rationale: This deal expands Keysight’s simulation and application layer portfolio with critical capabilities, involving substantial goodwill, developed technology, and customer relationships, along with a deferred tax liability for future amortization. |
Cliosoft, Inc. | 2023 | Deal Value: Approximately $85 million, net of $15 million cash acquired. Strategic Rationale: The acquisition strengthens Keysight’s electronic design automation solutions by integrating Cliosoft’s data and IP management tools, enhancing the design software portfolio with new intangible assets. |
Recent developments and announcements about KEYS.
Earnings
New Earnings (Q1 2025)
·Feb 26, 2025, 12:18 AMView full earnings summary →Keysight Q1 2025: 3 straight quarters of parametric test backlog growth and sales funnel improvement, boosted by AI Data Center Builder. But EISG hit by EV softness and margins under pressure from mix changes. 31–32% FY26 margin target may slip at 5% growth.