Esi Group announces that on November 6, its Board of Directors issued a favorable recommendation concerning the proposed mandatory takeover bid filed by Keysight with the AMF on November 7.

Keysight irrevocably undertakes to acquire, at a price of 155 euros each, all the 2,630.342 existing shares not held by Keysight, representing 43.17% of the capital of this virtual prototyping solutions company.

Esi Group also announces that Cristel de Rouvray, Véronique Jacq, Yves de Balmann and Alex Davern have resigned from the Board of Directors and have been replaced by Hamish Gray, Jo Ann Juskie and Jason Kary, with immediate effect.

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