Brief: Viavi Expands Market Reach With Strategic Acquisition Of Inertial Labs

Viavi Solutions

13/12/2024 14:01

Dec 13 (Reuters) - Viavi Solutions  VIAV.O :
    * VIAVI EXPANDS MARKET REACH WITH STRATEGIC ACQUISITION OF
INERTIAL LABS
    * VIAVI SOLUTIONS INC - TO ACQUIRE INERTIAL LABS FOR UP TO
$325
MILLION
    * VIAVI SOLUTIONS INC - ACQUISITION EXPECTED TO ADD $50
MILLION TO
ANNUAL REVENUE IN 2025
    * VIAVI SOLUTIONS INC: INTENDS TO FUND TRANSACTION THROUGH
CASH ON
HAND.

Source text:  ID:nPnlDbnja 
Further company coverage:  VIAV.O 

 ((Reuters.Briefs@thomsonreuters.com;))