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Keysight Technologies to buy Anite in $606.9 mln deal

Reuters - UK Focus

June 17 (Reuters) - Electronic measurement instruments maker Keysight Technologies Inc (NYSE: KEYS - news) will buy Britain's Anite Plc (LSE: AIE.L - news) , which tests handsets and telecom networks, in a cash deal valued at about 388 million pounds ($606.87 million).

The 126 pence per share offer is at a premium of 22.3 percent to Anite's Tuesday close, the companies said in a statement.

($1 = 0.6393 pounds) (Reporting By Mamidipudi Soumithri in Bengaluru; Editing by Anupama Dwivedi)