Viavi Solutions Inc.
Viavi Solutions Announces Proposed Term Loan Financing for Acquisition of Spirent HSE
Summary
Viavi Solutions Inc. announced on May 19, 2025, its intention to use a lender presentation to discuss a proposed term loan financing for the acquisition of Spirent Communications plc's high-speed ethernet and network security business lines. The acquisition, valued at $425 million, is expected to add approximately $180 million to Viavi's NSE revenue in the first 12 months after closing and be accretive to EPS 12 months post-closing. Viavi plans to issue a $600 million Term Loan B to finance the acquisition and refinance its existing ABL Revolver to a new $200 million facility. The closing is contingent upon regulatory approvals and expected by the end of July 2025.
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About Viavi Solutions Inc.
Viavi Solutions Inc. is a leading global provider of network test, monitoring, and assurance solutions for communications service providers, enterprises, and network equipment manufacturers. With a diverse product portfolio, the company plays a critical role in enabling the smooth operation and optimization of networks worldwide. Viavi's offerings include advanced fiber optic testing solutions, wireless RF performance tools, and network performance monitoring software. These products are crucial in sectors such as telecommunications, aerospace & defense, and manufacturing, where they help ensure the reliability and efficiency of complex networks. Founded in 1923 and headquartered in San Jose, California, Viavi has established a significant presence in the market, known for its innovation and expertise in network testing tools. The company's solutions are instrumental in addressing the demands of rapid technological advancements and the growing need for high-speed, reliable connectivity. With the evolution of networks towards 5G and beyond, Viavi Solutions Inc. remains at the forefront, providing essential technologies that support the deployment and maintenance of next-generation communications infrastructure.
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