Viavi Solutions Inc. is set to acquire Spirent Communications plc's High-Speed Ethernet and Network Security Business from Keysight Technologies for $410 million, aimed at enhancing its capabilities in the growing Ethernet and security markets.

Information on the Target

Viavi Solutions Inc. (NASDAQ: VIAV), based in Chandler, Arizona, has announced a definitive agreement to acquire the High-Speed Ethernet and Network Security Business segments from Spirent Communications plc, currently owned by Keysight Technologies, Inc. The deal is valued at $410 million in base cash, with an additional $15 million contingent cash payment to be made at closing, subject to customary adjustments and conditions. This acquisition is conditional on obtaining the necessary regulatory approvals and is anticipated to finalize in the second quarter of calendar year 2025, shortly following Keysight's acquisition of Spirent.

This strategic acquisition is expected to enhance VIAVI's ethernet testing capabilities, integrating advanced software, hardware, and protocol expertise that spans multiple network layers. It represents a significant step in bolstering VIAVI's positioning within the rapidly expanding Ethernet, Security, AI, and digital infrastructure markets.

Industry Overview in the Target’s Specific Country

The networking and telecommunications industry in the United States is characterized by rapid technological advancements and increasing demand for high-speed data services. With the surge in digital transformation across various sectors, the need for robust network sec