Inactive Instrument

ESI Group

ESI

FR0004110310

US tech company Keysight to buy France-based ESI Group for nearly $1 bln

June 28, 2023 at 09:37 pm EDT

June 28 (Reuters) - U.S.-based Keysight Technologies said on Wednesday it would acquire France-based ESI Group for 913 million euros ($995.81 million).

Keysight will pay 155 euros per ESI share in cash. ($1 = 0.9168 euros) (Reporting by Lavanya Ahire in Bengaluru; Editing by Subhranshu Sahu)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	KEYSIGHT TECHNOLOGIES, INC.	155.7 USD	+2.77%	+3.25%	26.45B
	ESI S.P.A.	1.725 EUR	0.00%	-1.15%	14.05M

Latest news about ESI Group

ESI Group Collaborates with Aberdeen Strategy and Research to Unveil "Shift Left" Insights on Virtual Prototyping	May. 02	CI
ESI Group and FAW-Volkswagen TE Forge Strategic Partnership to Advance Automotive Intelligent Simulation Technology	Apr. 02	CI
ESI Group: squeeze-out to take place on January 26	Jan. 17	CF
ESI Group: Keysight holds 98.2% following its takeover bid	Jan. 11	CF
Keysight Technologies to Own 98% of ESI Group Following Mandatory Tender Offer	Jan. 11	MT
ESI Group: over 2.6 million shares tendered to the takeover bid	Jan. 10	CF
ESI Group: Samson Rock Capital sells its stake	Jan. 08	CF
ESI Group: takeover bid starts this Friday	Nov. 30	CF
ESI Group: Samson Rock Capital exceeds 5% of share capital	Nov. 21	CF
ESI Group SA Announces Revenue Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 10	CI
Esi Group: Briarwood Chase no longer holds any shares	Nov. 08	CF
ESI Group Board Recommends Keysight Technologies' Takeover Offer	Nov. 07	MT
ESI Group Names New CEO, Chair	Nov. 07	MT
Esi Group: favorable opinion from the Board on the takeover bid	Nov. 07	CF
ESI Group SA Announces Change of CEO	Nov. 07	CI
ESI Group SA Announces Board Changes	Nov. 07	CI
Keysight Technologies Netherlands B.V. filed a draft mandatory tender offer to acquire 49.4% stake in ESI Group SA for ?410 million.	Nov. 06	CI
ESI: American Keysight takes control of the group	Nov. 06	CF
France's ESI Group Closes Controlling Stake Sale to Keysight Technologies	Nov. 06	MT
Keysight Acquires Controlling Block of ESI Group Stock; Plans Tender Offer for Remaining Shares	Nov. 03	MT
Keysight Technologies, Inc. completed the acquisition of 50.6% stake in ESI Group SA from group of shareholders.	Nov. 02	CI
Invest Securities Upgrades ESI to Buy from Neutral	23-10-20	MT
ESI GROUPE : Invest Securities raises its recommendation	23-10-20	CF
Keysight Technologies Signs Deal for Purchase of Majority Stake in ESI Group	23-09-25	MT
Esi Group: contract signed for acquisition by Keysight	23-09-25	CF

ESI Group specializes in the design, development and marketing of software packages designed for performing virtual testing (digital simulations for prototypes, manufacturing processes and product behavior). Net sales break down by activity as follows: - sales of licenses and maintenance services (85.1%); - provision of services (13.9%): engineering, consulting, training services, etc.; - other (1%). Net sales are distributed geographically as follows: Europe/Middle East/Africa (46.4%), Asia/Pacific (37.1%) and America (16.5%).

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