VIAVI Solutions Acquires Spirent Communications

VIAVI Acquires Spirent's High‑Speed Ethernet, Network Security and Channel Emulation Testing Business

October 16, 2025

Telecommunications

VIAVI Solutions Inc. completed the all-cash acquisition of Spirent Communications plc’s high‑speed ethernet, network security and channel emulation testing business from Keysight Technologies, Inc. for $425 million. The deal is expected to add roughly $180 million of Network Service Enablement revenue in the first 12 months, be accretive to non‑GAAP EPS within 12 months, and was partially financed by a $600 million senior secured term loan led by Wells Fargo.

Keysight Technologies Acquires Spirent Communications plc

October 15, 2025

Telecommunications

Keysight Technologies has completed its acquisition of Spirent Communications plc for approximately £1.16 billion (about US$1.46 billion) on a fully diluted basis. Spirent shareholders receive 202.5 pence per share (199p cash plus a 3.5p special dividend); Spirent will be integrated into Keysight’s Communications Solutions Group while certain Spirent business lines will be divested to satisfy regulatory conditions.

VIAVI Solutions Acquires Inertial Labs

December 13, 2024

Aerospace & Defense

VIAVI Solutions Inc. signed a definitive agreement to acquire Inertial Labs, Inc. for $150 million in initial consideration with up to $175 million of contingent consideration over four years. The acquisition broadens VIAVI’s product capabilities in positioning, navigation and timing (PNT) and accelerates its entry into aerospace, defense and autonomous industrial end markets; it is expected to add about $50 million in NSE revenue in 2025 and be EPS-accretive within 12 months.

Solera Acquires Spireon from Greenbriar Equity

February 1, 2022

Cloud & SaaS

Solera Holdings, LLC has signed a definitive agreement to acquire Spireon, a leading North American telematics and connected-vehicle intelligence provider, from Greenbriar Equity Fund IV. The deal expands Solera's fleet and vehicle solutions by adding Spireon's IoT NSpire platform, roughly 4 million connected devices and a large customer base to enable cross-selling and capability expansion across the vehicle lifecycle.

Wavenet Acquires VIA (Smart Hosted Solutions Limited)

January 7, 2020

Telecommunications

Wavenet, a UK unified communications and managed services provider backed by Beech Tree Private Equity, has acquired VIA (Smart Hosted Solutions Limited), a Nottingham-based Microsoft Teams and Skype for Business specialist. The add‑on purchase strengthens Wavenet's Teams/Office 365 capabilities and expands the group's UC customer base and technical expertise as part of its buy‑and‑build strategy; financial terms were not disclosed.

Spectral Capital Corporation Acquires Telvantis Voice Services, Inc.

December 31, 2025

Telecommunications

Spectral Capital Corporation completed the acquisition of Telvantis Voice Services, Inc., effective December 31, 2025, in an all‑stock transaction (1,500,000 shares issued at closing plus up to 8,500,000 earn‑out shares tied to 2026 performance). Telvantis Voice, an enterprise-grade voice, routing and communications infrastructure platform, will be consolidated into Spectral's results as part of Spectral's strategy to assemble digital infrastructure businesses and pursue $450 million in profitable revenue in 2026.