Viavi to acquire Spirent in $1.2B deal

Viavi Solutions has agreed to acquire Spirent Communications in an all-cash deal valuing Spirent at around $1.2 billion.

Under the terms of the acquisition, Spirent shareholders will receive 175 pence per share—comprising 172.5 pence in cash and a 2.5 pence special dividend. This represents a premium of 61.4 percent over Spirent's closing share price of 108.4 pence on March 4th.

The acquisition will create a combined company that aims to be a global leader in test,...

5 March 2024 | Networks

5G has reached its ‘tipping point’

VIAVA Solutions has revealed that 5G networks are now available in 47 out of the world's 70 largest economies by GDP, according to its annual ‘The State of 5G’ report.

The report shows that there are currently 2,497 cities globally with commercial 5G networks, across 92 countries.

23 countries have pre-commercial 5G trials underway, while 32 countries have announced their 5G intentions. As for the remaining 48 countries, many are smaller island nations that have not...

18 April 2023 | 5G