Anite Explained

Anite plc
Type:Limited
Location:Fleet, Hampshire
Key People:Mike Bonin, (Managing Director, Device & Infrastructure Testing)
Petri Toljamo, (Managing Director, Network Testing)
Num Employees:circa 500
Industry:Software
Revenue:£109.2 million (2014)[1]
Operating Income:£9.3 million (2014)
Net Income:£12.3 million (2014)
Parent:Keysight Technologies

Anite is a supplier of test and measurement software to the international wireless market. It provides testing, measurement, optimisation and analytics systems based on its specialist sector knowledge and its proprietary software and hardware products. Customers include major manufacturers of mobile devices, chipsets and network equipment, mobile network operators, regulatory authorities, and independent test houses.[2]

History

The company was founded in 1973 as Cray Electronics: in October 1996 it changed its name to Anite Group plc.[3] In 2006 it acquired Nemo, a network testing business.[4] In October 2007 it changed its name to Anite plc.[5] In April 2015, Anite acquired Setcom Wireless Products GmbH.[6]

After Anite started struggling in the face of cancellation of orders from Blackberry, Nokia and Motorola,[7] Anite received a takeover offer from US electronics test and measurement company, Keysight Technologies[8] in a deal worth £388 million in June 2015.[7] The acquisition was completed in August 2015.[9]

Operations

The company has two sides to its business:[10]

See also

Notes and References

  1. Web site: Final results for the year ended 30 April 2014. anite.com. 12 November 2015.
  2. Web site: Organisation Profile. cambridgewireless.co.uk. 12 November 2015. https://web.archive.org/web/20151116121232/http://www.cambridgewireless.co.uk/directory/orgprofile/default.aspx?objid=35714. 2015-11-16. dead.
  3. http://findarticles.com/p/articles/mi_m0CGN/is_1999_April_8/ai_54331099/ IT Services: Anite Slow to Bear Fruit
  4. http://www.lightreading.com/document.asp?doc_id=112611 Anite Completes Nemo Buy
  5. Web site: Anite Group - Anite Group PLC - Change of Name - Proactiveinvestors (UK). Proactiveinvestors UK. 12 November 2015.
  6. Web site: Anite completes Setcom deal. totaltele.com. 12 November 2015.
  7. Web site: Mamidipudi Soumithri . Keysight Technologies to buy UK's Anite in $607 million deal . Reuters . 17 June 2015 . 17 June 2015 . 17 June 2015 . https://web.archive.org/web/20150617150242/http://www.reuters.com/article/2015/06/17/us-anite-m-a-keysight-tech-idUSKBN0OX0I520150617 . live .
  8. Web site: Electronic design, test automation and measurement equipment. Keysight Technologies.
  9. Web site: Keysight Technologies Completes Acquisition of Anite. MarketWatch. 12 November 2015.
  10. Web site: Businesses. anite.com. 12 November 2015.