Keithley Instruments made the decision in November of last year to sell their RF instruments group to Agilent for $9 million in cash.
I had heard rumors that Keithley was shopping for a buyer and speculated that Tektronix/Danaher would snatch them up to round out their RF offering by adding power meters and MIMO offering as well as taking one more competitor out of the running.
Color me surprised when Danaher passed (or was never approached?) and instead got acquired by Agilent. Maybe it has something to do with them being neighbors in Santa Rosa, CA? OK, if I was one of the two dozen folks in Keithley’s RF group, I’d probably be sweating it out a bit right now considering that Agilent recently gave the ax to over 15% of it’s workforce just last year and that all of the products from Keithley are redundant….just sayin’.