Keysight Expands EDA Software Portfolio with the Acquisition of Cliosoft

Rhea-AI Summary

Keysight Technologies (NYSE: KEYS) has acquired Cliosoft, enhancing its electronic design automation (EDA) solutions with advanced hardware design data and intellectual property management software tools. This acquisition aims to digitally transform design-test workflows, increasing productivity in next-generation electronic product development. Key benefits include expanded process and data management capabilities, integration with Keysight's PathWave Advanced Design System, and enhanced support for major EDA vendor environments. The transaction is not expected to materially impact Keysight's current quarter or fiscal year guidance.

Positive

• Acquisition enhances Keysight's EDA solutions with Cliosoft's data and IP management software.
• Expansion of process and data management capabilities through Cliosoft's tools.
• Improved productivity in design-test workflows, supporting next-generation product development.

Negative

• None.

• Acquisition to digitally transform design-test workflows and meet productivity requirements of next-generation electronic product development lifecycles
• Cliosoft’s revision-control and data and IP management capabilities natively integrate with Keysight’s PathWave Advanced Design System
• Customers to benefit from broader EDA ecosystem with Keysight and Cliosoft continuing to support all the major EDA vendor environments to facilitate best-in-class tool workflows

 

SANTA ROSA, Calif.--(BUSINESS WIRE)-- Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced it has acquired Cliosoft and will be adding the company’s line of hardware design data and intellectual property (IP) management software tools to its portfolio of electronic design automation (EDA) solutions.

Cliosoft’s SOS software is used by more than 400 customers worldwide to manage electronic design data and intellectual property. (Photo: Business Wire)

Since its inception, Cliosoft’s primary focus has been managing design data, including functional IP blocks used in integrated circuits. Cliosoft’s products expand Keysight’s EDA software offering to include process and data management (PDM) capabilities that have been adopted by more than 400 global semiconductor and electronics systems customers.

By bringing Cliosoft into its EDA business, Keysight boosts its intelligent automation software offerings with PDM as an essential component in building the foundation for more productive workflows. Keysight is extending Cliosoft’s capabilities to include test data in a fabric that provides customers with a much stronger link between design and test.

Keysight and Cliosoft are long-standing industry collaborators as Cliosoft SOS, a data management platform, already integrates with Keysight’s Advanced Design System (ADS) solution which many mutual customers currently use. The combined companies will continue to offer revision control and data and IP management solutions through EDA industry relationships, including Cadence, Empyrean, MathWorks, Siemens EDA, Silvaco, and Synopsys environments.

Keysight and Cliosoft share the philosophy that PDM is critical to first pass success of customer designs in global engineering enterprises. Design complexity is expanding the volume of IP blocks and data that engineering teams must effectively and efficiently manage. Industry trends such as heterogeneous integration, advanced packaging, and 24x7 follow-the-sun research and development operations are driving customers towards the next level of productivity improvements.

Niels Faché, Vice President and General Manager of Keysight EDA, said: “One of our top business priorities is creating digital, connected workflows from design to test that accelerate customers’ digital transformation. We see a tremendous opportunity in the PDM space to leverage Cliosoft’s current capabilities combined with our design-test solutions expertise. Adding PDM solutions to the portfolio is a natural progression of our open EDA interoperability strategy to deliver best-in-class tools and workflows in support of increasingly complicated product development lifecycles. Cliosoft offers proven software tools that enable product teams to perform data analytics and accelerate time to insight. The result of faster insight and greater reuse is improved productivity in the verification phase and shorter overall development cycles.”

Srinath Anantharaman, Chief Executive Officer of Cliosoft, said: “Handling exponential growth in design data and maximizing IP reuse with interoperability across EDA vendor environments is a major challenge as we approach the time of ‘More than Moore’s law’. Keysight’s broad industry leadership in applications like 5G and 6G communications, automotive, and aerospace and defense, makes Keysight uniquely positioned to realize the promise of connecting design, emulation, and test data in streamlined workflows that speed time-to-market. We are excited to join Keysight in raising engineering productivity to the next level and enabling our customers to digitally transform their development lifecycles and meet the challenges ahead.”

For more information about Keysight’s EDA software business, visit 40 Years of Design Success.

This transaction has no material impact on Keysight's guidance for the current quarter and/or fiscal year. Terms of the transaction have not been disclosed.

About Keysight Technologies

Keysight delivers advanced design and validation solutions that help accelerate innovation to connect and secure the world. Keysight’s dedication to speed and precision extends to software-driven insights and analytics that bring tomorrow’s technology products to market faster across the development lifecycle, in design simulation, prototype validation, automated software testing, manufacturing analysis, and network performance optimization and visibility in enterprise, service provider and cloud environments. Our customers span the worldwide communications and industrial ecosystems, aerospace and defense, automotive, energy, semiconductor and general electronics markets. Keysight generated revenues of $5.4B in fiscal year 2022. For more information about Keysight Technologies (NYSE: KEYS), visit us at www.keysight.com.

Additional information about Keysight Technologies is available in the newsroom at https://www.keysight.com/go/news and on Facebook, LinkedIn, Twitter and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230223005662/en/

Geri Lynne LaCombe

Americas/Europe

+1 303 662 4748

geri_lacombe@keysight.com

Fusako Dohi

Asia

+81 42 660-2162

fusako_dohi@keysight.com

Source: Keysight Technologies, Inc.

FAQ

What is the purpose of Keysight's acquisition of Cliosoft?

The acquisition aims to enhance Keysight's electronic design automation (EDA) solutions, digitally transform design-test workflows, and improve productivity in next-generation electronic product development.

How will the acquisition impact Keysight's current fiscal year guidance?

The acquisition of Cliosoft is not expected to materially impact Keysight's guidance for the current quarter or fiscal year.

What advantages does Keysight gain from acquiring Cliosoft?

Keysight gains advanced data and IP management capabilities, enhanced integration with its design solutions, and broader support for major EDA vendor environments.

How many customers currently use Cliosoft's software?

Cliosoft's software is used by more than 400 customers worldwide to manage electronic design data and intellectual property.