Announced
Financials
Tags
United Kingdom
automated testing
Public
assurance solutions
subsea telecommunications cable
telecommunications
Telecommunications Services: Other
Acquisition
Cross Border
Majority
Pending
Friendly
Private Equity
Tender Offer
Auction
Synopsis
Keysight Technologies, VIAVI Solutions, and Silver Lake Partners are bidding to acquire Spirent Communications, a global provider of automated test and assurance solutions for networks, cybersecurity and positioning, for £1.16bn. “Spirent has a differentiated portfolio, which is a strong fit for Keysight. Both companies share a common focus on empowering and accelerating high-value solutions for customers. In Keysight, Spirent will join a platform of significant customer scale with the capacity to provide the necessary capital and resources to help Spirent grow and accelerate the delivery of its strategic vision. Keysight’s long-term customer relationships, industry expertise and global reach will help Spirent drive product development and execute on its full potential. With similar cultures valuing customer-centricity and high-performance, we believe that Keysight will be an excellent home for Spirent to thrive and deliver sustainable, long-term growth. Our superior Offer recognizes the value of Spirent’s achievements to-date, and the exciting prospects of the combination of our complementary product portfolios to provide end-to-end solutions for customers across their lifecycle needs,” Satish Dhanasekaran, Keysight President & CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.