Synopsys To Sell Optical Solutions Group To Keysight Technologies, Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Synopsys is selling its Optical Solutions Group to Keysight Technologies. The terms of the deal have not been disclosed.
September 19, 2024 | 8:08 pm
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POSITIVE IMPACT
Keysight Technologies is acquiring the Optical Solutions Group from Synopsys. This acquisition could enhance Keysight's product offerings and market position.
Acquiring the Optical Solutions Group could strengthen Keysight's portfolio, potentially leading to increased market share and revenue growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Synopsys is divesting its Optical Solutions Group to Keysight Technologies. This move could streamline Synopsys' operations and allow it to focus on its core competencies.
The sale of the Optical Solutions Group may allow Synopsys to concentrate on its main business areas, potentially improving operational efficiency and financial performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80