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New Deal


Announced

Completed

Spirent Communications to acquire octoScope for $55m.

Financials

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Transaction Value£39m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

wireless test solutions

Single Bidder

Private

Completed

Software

Acquisition

United States

Cross Border

Majority

Synopsis

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Spirent Communications, a provider of test, assurance, and analytics solutions for devices and networks, agreed to acquire octoScope, a US-based provider of automated wireless test solutions, for $55m. "Having firmly outlined our M&A intentions at our Capital Markets Day in October, I am delighted to welcome octoScope to the Spirent family. The need for reliable and secure Wi-Fi is greater than ever and our teams look forward to working together to address an increasing range of complex Wi-Fi challenges for our customers," Eric Updyke, Spirent Chief Executive Officer.

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