Keysight Technologies, Inc. is a global innovator in the computing, communications, and electronics market. The company's core business involves providing design and test solutions, including hardware, software, and services, to help customers develop and commercialize their products. Keysight's primary revenue streams come from solutions addressing research and development applications, and to a lesser degree, manufacturing and operations. The company serves a global customer base across various industry segments, including communications, aerospace, defense, government, automotive, energy, industrial, general electronics, and semiconductor. Keysight leverages its technology expertise and collaborative innovation to deliver differentiated, first-to-market solutions. The competitive landscape includes companies offering similar services and solutions, but Keysight believes its technology leadership and broad portfolio provide a competitive advantage.

• Employees: 14,900 (as of October 31, 2023)
• Geographic Footprint: Over 100 countries
• Headquarters: Santa Rosa, CA
• Founded: 2013
• Number of locations/facilities: 134
• Revenue: $5.5 billion (FY2023)
• Key Subsidiaries/Brands: Not explicitly stated in the filing

• CEO: Satish Dhanasekaran
• CFO: Neil Dougherty
• Chief People and Administrative Officer: Ingrid Estrada
• Other Key Executives: Huei Sin Ee (President, Electronic Industrial Solutions Group), Soon Chai Gooi (Senior Vice President, Order Fulfillment and Digital Operations), Jeffrey Li (Senior Vice President, General Counsel, and Secretary), Kailash Narayanan (Senior Vice President and President of the Communications Solutions Group), John Page (Senior Vice President and President of Global Services), Lisa Poole (Vice President, Corporate Controller and Principal Accounting Officer), Mark Wallace (Senior Vice President, Chief Customer Officer)

Satish Dhanasekaran has served as President and CEO since May 2022. Neil Dougherty has served as CFO since December 2013. Other executives have varying tenures in their current roles, with most having served in multiple positions within the company or its predecessor, Agilent Technologies.

• Annual Revenue: $5.5 billion (FY2023)
• Net Income: $1.1 billion
• Total Assets: $8.7 billion
• Employees: 14,900 (as of October 31, 2023)
• Key Financial Highlights: Revenue increased by 1% year-over-year, net income decreased by 6% year-over-year, and operating cash flow was $1.4 billion.

Keysight offers a broad portfolio of design and test solutions, which include hardware, software, and services. Key product categories include:

• Spectrum and Signal Analyzers: Products for analyzing complex communications and radar signals.
• Network Analyzers: Products for characterizing electronic components and systems.
• Power Analyzers: Products for measuring voltage, current, and power characteristics.
• Protocol Analyzers: Products for debugging and optimizing electronic systems using various data transmission protocols.
• Oscilloscopes: Products for visualizing and characterizing time domain signals.
• Digital Multimeters: Products for measuring basic electrical parameters.
• Signal Generators: Products for generating a variety of signals.
• Power Supplies: Products for controlling power delivery to electronic systems.
• Network Test Products: Systems for debugging and validating communication networks.
• Network Visibility Products: Products for delivering data insight about network traffic.

Software products include instrument software applications, software application solutions, and standalone software solutions. Services include product support, technical and application support, and professional services.

Keysight operates through two reportable segments:

• Communications Solutions Group (CSG): Serves customers in commercial communications and aerospace, defense, and government markets. Revenue for CSG was $3.7 billion in FY2023.
• Electronic Industrial Solutions Group (EISG): Serves customers in automotive and energy, semiconductor solutions, and general electronics markets. Revenue for EISG was $1.8 billion in FY2023.

Keysight's business strategy focuses on four key objectives: investing in differentiated, first-to-market solutions; capturing opportunities in served markets and expanding into attractive adjacencies; growing recurring revenue; and being good stewards of capital. The company aims to invest approximately 16% of its revenue in R&D annually, leveraging vertical technology integration and deep relationships with market-defining customers. Strategic initiatives include expanding contributions across the technology stack, building on core strengths in physical layer test, and adding new protocol layer test and system emulation capabilities. Keysight also focuses on increasing software content and delivering value through its services portfolio. The company's growth strategy includes organic growth, mergers and acquisitions, and return of capital to shareholders.

Keysight operates in a highly competitive and rapidly changing global marketplace. The company's primary industry is the electronics test and measurement industry. Key market trends affecting the business include the accelerating pace of technological innovation, increasing engineering intensity, and the growing complexity of electronic systems. Major competitors include companies offering similar services and solutions. Keysight believes its technology leadership, proprietary software and hardware, and differentiated solutions provide a competitive edge. The company also faces increased competition from new entrants and industry consolidation.

• Uncertainty in General Economic Conditions: Global and regional economic uncertainty, inflation, and potential recession may negatively impact Keysight's business, resulting in reduced demand, increased costs, and pricing pressures.
• International Sales and Operations Risks: Keysight's international operations are subject to risks such as trade restrictions, political instability, economic volatility, and changes in regulations, which could adversely affect the company's results.
• Competition: Increased competition from new entrants and industry consolidation could impact Keysight's market share and profitability.
• Supply Chain Disruptions: Dependence on contract manufacturers and suppliers exposes Keysight to risks related to their performance, quality, and ability to meet demand.
• Cybersecurity Risks: Keysight's IT systems and software products are vulnerable to cybersecurity attacks, which could disrupt operations, compromise sensitive data, and damage the company's reputation.