VIAVI Stock Surges: Keysight & Spirent Deal Drives 1.14% Gain!

Viavi Solutions Inc. rose 1.14% in premarket trading, with the company being mentioned in a news event related to an antitrust clearance for a recommended cash acquisition. Keysight Technologies, Inc. and Spirent Communications PLC have entered into a consent decree with the United States Department of Justice in connection with its review of Keysight’s proposed acquisition of Spirent. The consent decree is an important milestone that moves the Acquisition one step closer, with Keysight and Spirent agreeing to divest Spirent’s high-speed ethernet, network security, and channel emulation business lines to VIAVI Solutions, Inc. or another acquirer approved by DOJ.