The latest update is out from Spirent Communications ( (GB:SPT) ).
Spirent Communications is set to be acquired by Keysight Technologies in an all-cash deal, with the acquisition process involving a divestment of Spirent’s high-speed ethernet and network security business lines to Viavi Solutions. The completion of the acquisition is contingent on regulatory approvals and is expected to occur in the first half of Keysight’s fiscal year, with ongoing efforts to meet the necessary conditions for the acquisition.
More about Spirent Communications
Spirent Communications is a company operating in the telecommunications industry, primarily providing testing, assurance, and analytics solutions for networks and cybersecurity. The company focuses on high-speed ethernet and network security business lines.
YTD Price Performance: 4.80%
Average Trading Volume: 1,159,518
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.06B
Learn more about SPT stock on TipRanks’ Stock Analysis page.