WilmerHale Guides Keysight Through Major DOJ and FTC Settlements

Deal News | Jun 04, 2025 | Wilmer Cutler Pickering Hale and Dorr LLP

WilmerHale Guides Keysight Through Major DOJ and FTC Settlements

Wilmer Cutler Pickering Hale and Dorr LLP, commonly known as WilmerHale, has achieved significant success in its antitrust and competition practice by securing consent decrees for its client, Keysight Technologies, during landmark merger investigations by the US Department of Justice (DOJ) and the Federal Trade Commission (FTC). This marks the first such decrees in the Trump era from these agencies, highlighting their openness to settlements addressing competitive concerns. The DOJ cleared Keysight's proposed acquisition of Spirent Communications, while the FTC settled on a divestiture to resolve Synopsys Inc.'s acquisition proposal involving Ansys' assets. These developments underscore WilmerHale's expertise in navigating complex, multinational merger challenges.

Sectors

  • Legal Services
  • Telecommunications
  • Technology

Geography

  • United States – The DOJ and FTC, which are U.S. agencies, were involved in the merger settlements.
  • United Kingdom – The UK Competition and Markets Authority was involved in the investigations concerning Keysight Technologies.

Industry

  • Legal Services – WilmerHale is a law firm specializing in antitrust and competition law, demonstrating its expertise in these legal sectors.
  • Telecommunications – Keysight Technologies' proposed acquisition of Spirent Communications involves the telecommunications test and measurement industry.
  • Technology – The proposal involves electronic design and automation assets pertaining to Synopsys Inc.'s acquisition of Ansys.

Financials

  • $35 billion – The value of Synopsys Inc.'s proposed acquisition of Ansys.

Participants

NameRoleTypeDescription
Wilmer Cutler Pickering Hale and Dorr LLPLegal AdvisorCompanyA prominent law firm known for its antitrust and competition practice.
Keysight TechnologiesProposed BuyerCompanyA technology company involved in the telecommunications test and measurement industry.
US Department of JusticeRegulatory BodyGovernmentA U.S. government agency responsible for enforcing federal antitrust laws.
Federal Trade CommissionRegulatory BodyGovernmentA U.S. government agency focusing on consumer protection and antitrust regulation.
Spirent CommunicationsTarget CompanyCompanyA company involved in the telecommunications sector, which Keysight Technologies proposed to acquire.
Synopsys Inc.Proposed BuyerCompanyA company involved in electronic design automation, proposing to acquire Ansys.
AnsysTarget CompanyCompanyA company involved in engineering simulation software.
UK Competition and Markets AuthorityRegulatory BodyGovernmentThe UK government agency overseeing competition regulation.