Posted by Bangalore: Keysight Technologies has acquired Eggplant from the Carlyle Group. The Eggplant deal is valued at $330 million and the company posted $38 in revenue in 2019.
Eggplant’s CEO John Bates will join the Keysight Technologies leadership team and will report to Soon Chai Gooi, Keysight’s President – Electronic Industrial Solutions Group.
Eggplant, a leading software test automation platform provider that uses artificial intelligence (AI) and analytics to automate test creation and test execution.
Eggplant’s digital automation intelligence platform can test any technology on any device, operating system or browser at any layer, from the user interface (UI) to application programming interfaces (APIs) to the database.
By using artificial intelligence and analytics to automate testing, Eggplant enables improved software application development velocity and enhanced quality, driving competitive advantage and differentiation.
The company’s customers span a wide range of sectors overlapping Keysight’s existing customer base while expanding software test opportunities into new end-markets.
The combination of Keysight and Eggplant brings together two complementary companies to create an innovative force in the automated software test market across the physical and protocol layers and into the application layers.
The buyout enables bi-directional leverage of measurement technologies between both companies, resulting in increased solution differentiation in the expanded offering.
“As a recognized leader and trusted advisor in layer 1-7 design and test, Keysight is excited to add Eggplant’s test capabilities for the software application layer, aligning with our strategy to grow our first-to-market software-centric solutions,” said Ron Nersesian, Keysight Chairman and CEO.
“We’re thrilled to welcome the Eggplant team to the Keysight family and look forward to working together in the fast-growing intelligent software test market with differentiated software-as-a-service technologies,” added Nersesian.
“Joining forces with Keysight gives Eggplant the ability to scale our intelligent automation platform and reach more organizations across the globe,” said Dr. John Bates, CEO – Eggplant.
“We share a vision to accelerate innovation and together we will be able to help customers on their digital transformation journey. We’re proud of what we’ve accomplished through our employees and partners’ contributions, and we’re excited about this next chapter,” added Bates.
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