Keysight Technologies, Inc. (NYSE:KEYS) will seek acquisitions. Satish Dhanasekaran Chief Executive Officer said, "Yes. M&A strategy, clearly, we see some adjacencies to the markets we play in, our ability to feed more content through our sales channel, it's a big lever for us.

And so we've been focused on those sorts of things. Higher software content is another attribute we look for. And over the last few years, we've seen the valuations are -- have gone up and we've remained very disciplined in some areas.

We walked away because we felt like the valuations were not in line with what was possible. So we remain disciplined on that front. But in the interim, we recognize that given all the talent shortages in tech, we recognize we saw some opportunities to do some technology tuck-ins that further our strategy in software tests, further our strategy in automotive.

We've done those that we feel were net positive for us to continue the growth trajectory of the company. And as we start to see the valuation expectations moderate, we'll continue to look to make some acquisitions at the right value".