DOJ Approves Keysight-Spirent Merger With Asset Divestiture

Keysight Technologies has made significant progress in its acquisition of Spirent Communications by entering into a consent decree with the U.S. Department of Justice, which requires divesting Spirent’s high-speed ethernet, network security, and channel emulation business lines to VIAVI Solutions or another approved buyer to resolve antitrust concerns. This regulatory approval moves the deal closer to completion, expected in the third quarter of Keysight’s fiscal year, and is a key step toward expanding Keysight’s market position in telecommunications testing. Despite the divestiture mandate, Keysight reported strong financial performance in the second quarter, with substantial year-over-year growth in sales and net income, which has contributed to a 7% rise in its share price over the past month. Keysight's strategic focus on AI, high-speed data, and next-generation wireless standards, alongside its expansion into software-centric and recurring revenue streams, positions the company well for continued growth and resilience in a competitive market. The acquisition and regulatory developments highlight Keysight’s commitment to maintaining competitive balance while driving innovation across sectors such as communications, aerospace, and semiconductor industries. Overall, these events underscore Keysight's robust market presence and its potential for sustained shareholder value amid evolving regulatory landscapes.