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Keysight Technologies Inc. completed its acquisition of Spirent Communications in a deal valued at $1.46 billion on a fully diluted basis. The acquisition expands Keysight’s software-based testing, network assurance and GNSS capabilities across multiple industries.
Spirent Communications provides automated test and assurance systems for network performance, cybersecurity and positioning. The company supports testing for 5G, SD-WAN, cloud and autonomous vehicle systems. By joining Keysight, Spirent adds network automation, lifecycle management and GNSS testing to the company’s product suite, enabling customers to manage system performance from design to deployment. The acquisition also strengthens Keysight’s position in areas including non-terrestrial networks, low-Earth orbit (LEO) satellite constellations and 6G development.
“Spirent’s industry-leading positioning technologies portfolio strengthens our end-to-end solutions across commercial communications and aerospace defense, especially as applications such as non-terrestrial networks, low Earth orbit constellations and emerging 6G standards gain traction over the next few years,” said Kailash Narayanan, senior vice president at Keysight Technologies.
Spirent’s shares will be delisted from the London Stock Exchange effective Oct. 17. Its operations and financial results will be integrated and reported within Keysight’s Communications Solutions Group. Spirent shareholders will receive $2.55 per share, comprising $2.50 in cash and a previously paid special dividend of $0.04 per share.
