June 3 (Reuters) – Electronic equipment maker Keysight Technologies on Tuesday said it will divest Spirent Communications’ (SPT.L), high-speed ethernet and other business lines to VIAVI Solutions (VIAV.O), opens new tab as part of a consent agreement with the U.S. Department of Justice.
On Monday, the DOJ required Keysight to divest three of Spirent’s businesses, including high-speed ethernet, network security, and channel emulation business lines, to address antitrust concerns tied its acquisition of the British telecommunications firm for a purchase originally valued at $1.5 billion.
Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala
