Keysight Technologies announced an update on its proposed acquisition of Spirent Communications PLC. The acquisition, expected to be completed by September 29, 2025, aims to enhance Keysight's strategic positioning in the communications sector and potentially boost its market reach and operational capabilities. Keysight serves various markets, including communications, industrial automation, aerospace, and defense, aiming to accelerate innovation and secure global connectivity.
Santa Rosa, Calif. - Keysight Technologies, Inc. (NYSE: KEYS) has announced an update on its proposed acquisition of Spirent Communications PLC (LSE: SPT). The acquisition, which is expected to be completed by September 29, 2025, aims to enhance Keysight's strategic positioning in the communications sector and potentially boost its market reach and operational capabilities. Keysight serves various markets, including communications, industrial automation, aerospace, and defense, aiming to accelerate innovation and secure global connectivity [1].
The acquisition remains subject to several conditions, including court sanction of the scheme of arrangement and regulatory clearances from the State Administration for Market Regulation of the People’s Republic of China (SAMR). Keysight and Spirent continue to engage constructively with the Chinese regulators to obtain clearance for the transaction [2].
Keysight expects that the Scheme will become effective on or before September 29, 2025, being the Long Stop Date (as defined in the Scheme Document). The parties continue to keep the timetable under close review and will provide any updates as required.
About Keysight Technologies
Keysight Technologies, Inc. is an S&P 500 company delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. The company is a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world [3].
Reference List:
[1] https://www.businesswire.com/news/home/20250724409524/en/Keysight-Provides-Update-on-Regulatory-Review-and-Expected-Completion-Timeline-on-Spirent-Communications-Acquisition
[2] https://ca.investing.com/news/company-news/keysightspirent-deal-awaits-final-regulatory-approval-from-china-93CH-4117443
[3] https://www.directorstalkinterviews.com/spirent-communications-plc-spt-l-navigating-networks-and-securing-growth-in-a-competitive-market/4121208941
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