Keysight Technologies has completed the acquisition for US$330 million of digital automation intelligence specialist Eggplant from The Carlyle Group.
Eggplant is a software test automation platform provider that uses artificial intelligence (AI) and analytics to automate test creation and test execution. Its 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 AI 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 that are expected to create an innovative force in the automated software test market across the physical and protocol layers and into the application layers. The acquisition enables bi-directional leverage of measurement technologies between both companies, resulting in increased solution differentiation in the expanded offering.
“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.
John Bates, CEO of Eggplant, said joining forces with Keysight gives Eggplant the ability to scale their intelligent automation platform and reach more organisations across the globe.
Eggplant had 2019 revenue of $38 million and Bates will join the Keysight leadership team reporting to Soon Chai Gooi, president of Keysight’s Electronic Industrial Solutions Group.
