The latest update is out from Viavi Solutions ( (VIAV) ).
On March 3, 2025, VIAVI Solutions announced its agreement to acquire Spirent Communications plc’s High-Speed Ethernet and Network Security Business from Keysight Technologies for $410 million, with an additional contingent cash consideration of $15 million. This acquisition, expected to close in the second quarter of 2025, aims to enhance VIAVI’s product portfolio in ethernet, security, AI, and digital infrastructure markets, potentially adding $180 million to its NSE revenue in the first year and being accretive to EPS.
More about Viavi Solutions
VIAVI Solutions Inc. is a global provider of network test, monitoring, and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace, and railway sectors. The company is also a leader in light management technologies for applications in 3D sensing, anti-counterfeiting, consumer electronics, industrial, automotive, government, and aerospace.
YTD Price Performance: 10.69%
Average Trading Volume: 2,072,725
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.48B
For detailed information about VIAV stock, go to TipRanks’ Stock Analysis page.