Keysight completes $1.7B acquisitions of Spirent, OSG, and PowerArtist

Keysight Technologies, Inc.

Deployed ~$1.7B cash: Spirent net ~$1.1B, OSG+PowerArtist ~$0.6B; post-deal cash >$1.5B.
Adds ~$375M revenue with aggregate gross margin >75%; expands SAM by ~$1.25B.
Expands software mix by ~300 bps; expected to be EPS accretive 12 months post-close.
Gross leverage <2x, net leverage <1x; immediately accretive to gross margin.

item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.