VIAVI Solutions Comments on Offer for Spirent Communications by Keysight Technologies
VIAVI Solutions (“VIAVI”) (
NASDAQ: VIAV) notes the announcement made by Keysight Technologies, Inc. (“Keysight”) and Spirent Communications plc (“Spirent”) on March 28, 2024, of a recommended cash acquisition of Spirent by Keysight.
VIAVI Solutions Agrees to Acquire Spirent Communications to Create a Leading Provider of Test, Assurance and Security Solutions for Research and Development Labs, Service Providers, Data Centers and Mission-Critical Infrastructure
VIAVI Solutions (“VIAVI”) (
NASDAQ: VIAV), a leading provider of communications test, measurement and optical technologies, and Spirent Communications plc (“Spirent”) (LSE: SPT), a global provider of automated test and assurance solutions for networks, cybersecurity and positioning, today announced an agreement on the terms of a cash offer for Spirent which the Spirent Board intends to unanimously recommend (the “Acquisition”). The Acquisition price values Spirent at approximately £1,005 million, or $1,277 million based on the British pound sterling to U.S. dollar exchange rate on March 4, 2024.
