VIAVI Closes Acquisition of Spirent Communications plc's High-Speed Ethernet, Network Security and Channel Emulation Testing Business
VIAVI (NASDAQ: VIAV) completed the acquisition of Spirent Communications plc's high-speed ethernet, network security and channel emulation testing business for $425 million in all-cash consideration, subject to customary closing adjustments.
The deal is expected to add approximately $180 million to VIAVI's Network Service Enablement revenue in the first 12 months and to be accretive to non-GAAP EPS 12 months after closing. VIAVI also entered a $600 million senior secured seven-year term loan to finance part of the purchase and related expenses, and expects to use U.S. net operating losses to lower the combined blended non-GAAP tax rate.
VIAVI (NASDAQ: VIAV) ha completato l'acquisizione della divisione di Spirent Communications plc dedicata a test ad alta velocità ethernet, sicurezza di rete e emulazione di canale per $425 milioni in contanti, soggetta ad aggiustamenti di chiusura usuali.
L'operazione dovrebbe aggiungere circa $180 milioni al fatturato di Network Service Enablement nei primi 12 mesi e sarà accretiva sull'EPS non-GAAP entro 12 mesi dalla chiusura. VIAVI ha inoltre ottenuto un prestito sindacato senior di $600 milioni a sette anni per finanziare parte dell'acquisto e delle relative spese, e prevede di utilizzare le perdite operative nette statunitensi per ridurre l'aliquota fiscale combinata non-GAAP.
VIAVI (NASDAQ: VIAV) completó la adquisición de la división de Spirent Communications plc especializada en pruebas de ethernet de alta velocidad, seguridad de red y emulación de canal por $425 millones en efectivo, sujeto a los ajustes de cierre habituales.
Se espera que el acuerdo aporte aproximadamente $180 millones a los ingresos de Network Service Enablement en los primeros 12 meses y que sea acreedor en términos de EPS no GAAP a 12 meses tras el cierre. VIAVI también obtuvo un préstamo garantizado senior de $600 millones a siete años para financiar parte de la compra y los gastos relacionados, y espera utilizar pérdidas fiscales netas de EE. UU. para reducir la tasa de impuesto combinada no GAAP.
VIAVI (나스닥: VIAV)이 Spirent Communications plc의 고속 이더넷, 네트워크 보안 및 채널 에뮬레이션 테스트 사업부를 현금 전액 $425 million으로 인수하는 것을 완료했으며, 일반적인 종가 조정에 따라 종료되었습니다.
이번 거래는 향후 12개월 동안 VIAVI의 Network Service Enablement 매출에 대략 $180 million을 더하고 종료 후 12개월 시점에 비GAAP EPS에 기여할 것으로 예상됩니다. 또한 VIAVI는 매수 및 관련 비용의 일부를 조달하기 위해 $600 million의 7년 만기 선순위 담보 대출을 체결했으며, 미국 순손실을 활용하여 결합된 비GAAP 세율을 낮출 것으로 예상합니다.
VIAVI (NASDAQ: VIAV) a finalisé l'acquisition de l'activité d'Spirent Communications plc spécialisée dans les tests Ethernet à haute vitesse, sécurité réseau et émulation de canal pour $425 million en espèces, sous réserve des ajustements de clôture habituels.
L'accord devrait ajouter environ $180 million au chiffre d'affaires Network Service Enablement au cours des 12 premiers mois et être accréditif sur l'EPS non GAAP dans les 12 mois suivant la clôture. VIAVI a également conclu un prêt senior garanti de $600 million sur sept ans pour financer une partie de l'acquisition et des dépenses associées, et prévoit d'utiliser les pertes nettes opérationnelles américaines pour réduire le taux d'imposition moyen non GAAP.
VIAVI (NASDAQ: VIAV) hat die Übernahme des Unternehmensbereichs High-Speed-Ethernet, Netzwerksicherheit und Kanalemulations-Tests von Spirent Communications plc abgeschlossen, für $425 million in bar, vorbehaltlich üblicher Abschlussanpassungen.
Die Transaktion dürfte in den ersten 12 Monaten etwa $180 million zum Umsatz von VIAVs Network Service Enablement beitragen und 12 Monate nach Abschluss zu einem Zuwachs des non-GAAP EPS führen. VIAVI hat außerdem einen $600 million Senior Secured Seven-Year Term Loan aufgenommen, um Teile des Kaufs und der damit verbundenen Kosten zu finanzieren, und erwartet, US-Net Operating Losses zu nutzen, um den kombinierten non-GAAP-Steuersatz zu senken.
VIAVI (بورصة ناسداك: VIAV) أكملت استحواذها على أعمال Spirent Communications plc في اختبار Ethernet فائق السرعة، وأمن الشبكة، ومحاكاة القناة مقابل $425 مليون نقداً، رهناً بتعديلات الإغلاق المعتادة.
ومن المتوقع أن تضيف الصفقة نحو $180 مليون إلى إيرادات Network Service Enablement في الأشهر الاثني عشر الأولى وأن تكون مجدية من حيث EPS non-GAAP خلال 12 شهراً من الإغلاق. كما وقعت VIAVI قرضاً ثابتاً مميزاً بقيمة $600 مليون لمدة سبع سنوات لتمويل جزء من الشراء والمصاريف المرتبطة، وتُتوقع استخدام خسائر التشغيل الصافية الأمريكية لخفض معدل الضريبة المدمج غير GAAP.
VIAVI (纳斯达克代码：VIAV) 已完成对 Spirent Communications plc 高速以太网、网络安全和信道仿真测试业务的收购，现金支付金额为 $425 million，总价须经惯常的收盘调整。
交易预计在前12个月为 VIAVI 的 Network Service Enablement 收入增加约 $180 million，并在收盘后12个月内对 非GAAP 每股收益 有增益。VIAVI 还获得了一个 $600 million 的七年期高级担保贷款，以融资部分购买及相关费用，并计划利用美国净经营亏损来降低合并后的非GAAP 税率。
- Acquisition price of $425 million
- Adds ~$180 million to NSE revenue first 12 months
- Expected accretive to non-GAAP EPS within 12 months
- Complementary product portfolio across ethernet, security, AI
- Took a $600 million senior secured term loan
- Increased leverage with seven-year debt maturity
- All-cash $425 million purchase may reduce near-term liquidity
- Enables VIAVI to offer new solutions in high-speed ethernet, network security and channel emulation testing
- Provides a complementary and synergistic product portfolio across ethernet, application performance, security, AI and digital infrastructure verticals
VIAVI acquired the HSE, Network Security and CE Business for all-cash consideration of
The transaction is expected to add approximately
Concurrent with the closing, VIAVI entered into a term loan credit agreement (the "Credit Agreement") with Wells Fargo Bank, National Association as agent and certain other lenders. The Credit Agreement provides for a senior secured term loan of
About VIAVI
VIAVI (NASDAQ: VIAV) is a global provider of network test, monitoring and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace and railway. VIAVI is also a leader in light management technologies for 3D sensing, anti-counterfeiting, consumer electronics, industrial, automotive, government and aerospace applications. Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.
Advisors
Qatalyst Partners acted as financial advisor to VIAVI and Fried, Frank, Harris, Shriver & Jacobson served as legal counsel on the acquisition. Gibson Dunn & Crutcher LLP advised as legal counsel on the credit facility.
Safe Harbor
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The forward-looking statements include, but are not limited to, information regarding the expected, estimated and anticipated impact of the transaction on VIAVI's future financial results. These forward-looking statements involve risks and uncertainties that could cause VIAVI's results to differ materially from management's current expectations. Such risks and uncertainties include, but are not limited to, unforeseen changes in the strength of customers' businesses and high growth markets; unforeseen changes in the demand for current and new products, technologies, and services; customer purchasing decisions and timing; unforeseen changes in future revenues, earnings and profitability of VIAVI or the HSE, Network Security and CE Business; the risk that VIAVI is not able to realize the savings or benefits expected from integration of the HSE, Network Security and CE Business; the risk that the required regulatory approvals are subject to conditions that are not anticipated; and those risks and uncertainties discussed in VIAVI's Annual Report on Form 10-K filed with the Securities and Exchange Commission on August 11, 2025.
The forward-looking statements included in this release are valid only as of today's date except where otherwise noted. Viavi Solutions Inc. undertakes no obligation to update these statements.
Press Contact:
Amit Malhotra, 202-341-8624; amit.malhotra@viavisolutions.com
Investor Contact:
Vibhuti Nayar, 408-404-6305; investor.relations@viavisolutions.com
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SOURCE VIAVI Solutions
FAQ
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