$100K grant lures Keysight to Atlanta

A California company has won a $100,000 InvestAtlanta Economic Opportunity Fund grant to bring 241 software engineering jobs to Technology Square in Midtown.

The Atlanta City Council recently approved the grant to Keysight Technologies, a Santa Rosa-based manufacturer of test and measurement equipment and software. The company chose Atlanta — and particularly, a location near Georgia Tech — over Seattle and California’s Silicon Valley for its software development center, city officials said.

Keysight is expected to invest $13.9 million in its Atlanta operation in the Coda (formerly the High Performance Computing Center).

Its jobs will have an average salary of $137,000, city officials said. The economic impact for the region is estimated at $92.7 million.

Keysight also will receive Opportunity Zone job tax credits from the state. InvestAtlanta worked with the Georgia Department of Economic Development and the Metro Atlanta Chamber to land the company.