Keysight Technologies Inc. to Divest Certain Units as Condition of Acquisition
Keysight Technologies Inc. has been ordered by the US Department of Justice (DOJ) to divest certain units of Spirent Communications as a condition of its proposed acquisition. The company has agreed to sell off the following business lines to VIAVI Solutions:
- High-speed Ethernet
- Network Security
- Channel Emulation
This move is part of a consent decree with the DOJ, which has cleared Keysight’s takeover deal. The divestiture is a requirement for the acquisition to proceed.
The divestiture of these business lines is expected to have a significant impact on Keysight’s operations and financials. However, the exact implications of this development remain to be seen.
Key Details of the Divestiture
- Business lines to be divested: High-speed Ethernet, Network Security, and Channel Emulation
- Buyer: VIAVI Solutions
- Reason for divestiture: Condition of Keysight’s proposed acquisition by the US Department of Justice