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

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.