VIAVI Solutions to Acquire Spirent Communications in $1.28 Billion All-Cash Deal
March 5, 2024
VIAVI Solutions has agreed to acquire Spirent Communications in an all-cash transaction valued at approximately £1,005 million (about $1.28 billion). The deal is expected to close in the second half of 2024, subject to Spirent shareholder approval and customary regulatory conditions.
- Buyers
- VIAVI Solutions, Silver Lake
- Targets
- Spirent Communications plc
- Industry
- IT Services
- Location
- United States
- Transaction Type
- Buyout
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