Keysight Technologies has acquired Eggplant from The Carlyle Group, in a transaction valued at $330 million. Eggplant, with revenue of $38 million in 2019, provides software test automation that uses artificial intelligence and analytics to automate test creation and test execution.
Eggplant will extend Keysight’s automated software test capabilities across the physical and protocol layers and into the application layers. Eggplant's Digital Automation Intelligence platform can test any technology on any device, operating system or browser at any layer, from the user interface to application programming interfaces to the database.
According to Keysight, the acquisition will enable bi-directional leverage of measurement technologies between both companies, increasing Keysight’s differentiation through the expanded offering. Eggplant’s customers cover a range of sectors, both overlapping Keysight's existing customers and expanding software test opportunities into new markets.
John Bates, CEO of Eggplant, said, “Joining forces with Keysight gives Eggplant the ability to scale our intelligent automation platform and reach more organizations across the globe.”
Bates, will join the Keysight leadership team, reporting to Soon Chai Gooi, president of Keysight's Electronic Industrial Solutions Group.
In today’s digital world, software content and value have grown exponentially, with smart and interconnected products enabled by millions of lines of code. The growing scale, breadth and complexity of testing digital products challenges development time. By using artificial intelligence and analytics to automate testing, Eggplant aims to speed software application development and enhance quality.
Ron Nersesian, Keysight chairman and CEO, said, “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.”