The story
The company was founded in 1973 as Cray Electronics and in October 1996 it changed its name to Anite Group plc. In 2006 it acquired Nemo, a network testing business. In October 2007 it changed its name to Anite plc. In April 2015, Anite acquired Setcom Wireless Products GmbH.
After Anite started struggling in the face of cancellation of orders from Blackberry, Nokia and Motorola, Anite received a takeover offer from US electronics test and measurement company, Keysight Technologies in a deal worth £388 million in June 2015. The acquisition was completed in August 2015.
From Wikipedia’s article on Anite, shared under CC BY-SA 4.0.5