Founded in 1973, ESI Group is an innovator of virtual prototyping solutions that address the automotive and aerospace end markets.
The group’s sophisticated software solutions simulate a product’s behaviour during testing and real-life use. Its portfolio is highly differentiated, with predictive simulation technology for the most challenging system designs.
ESI Group’s real-time digital twin solutions combine model-driven simulation with data-driven test to create virtual simulations, and its immersive industrial solutions enable workflow automation and virtual manufacturing.
At a time of digital transformation, product development across many industries is shifting left in the design cycle and becoming virtualised. Computer-aided engineering supports this shift left with virtual prototyping of products, manufacturing processes, and workflows.
By bringing ESI Group into its electronic design and test portfolio, Keysight said that it will help to further expand its software prototyping capabilities into computer-aided engineering, enabling customers to accelerate time to market and lower operational costs, while reducing their environmental footprint.
Commenting Satish Dhanasekaran, President and Chief Executive Officer of Keysight, said, “Keysight’s acquisition of ESI Group accelerates our strategy of providing software-centric solutions with virtual prototyping and advanced simulation capabilities. Keysight and ESI Group share rich cultures of innovation and strong commitments to solving customers’ most complex challenges, which will enable value creation for all stakeholders. The Keysight team looks forward to working with the world-class talent at ESI Group to unlock opportunities and drive our combined success.”
Completion of the acquisition is expected to take place during the fourth quarter of 2023.