Keysight Technologies Advances in Acquisition of Spirent Communications

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Keysight Technologies Advances in Acquisition of Spirent Communications

Keysight Technologies ( (KEYS) ) has issued an announcement.

Keysight Technologies has received unconditional clearance from the UK Competition and Markets Authority for its acquisition of Spirent Communications. The acquisition is still subject to additional regulatory approvals from the U.S. Department of Justice and China’s State Administration for Market Regulation, with an expected completion in the third quarter of Keysight’s fiscal year 2025. This acquisition is anticipated to enhance Keysight’s market positioning by expanding its capabilities and offerings in the communications sector.

More about Keysight Technologies

Keysight Technologies is a leading company in the design, emulation, and test solutions industry, serving markets such as communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics. As an S&P 500 company, Keysight empowers innovators to develop and deploy technologies faster and with less risk throughout the product lifecycle.

YTD Price Performance: -6.53%

Average Trading Volume: 1,018,687

Technical Sentiment Signal: Buy

Current Market Cap: $25.98B

Find detailed analytics on KEYS stock on TipRanks’ Stock Analysis page.

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