BRIEF-Viavi Expands Market Reach With Strategic Acquisition Of Inertial Labs

Reuters
13 Dec 2024
BRIEF-Viavi Expands Market Reach With Strategic Acquisition Of Inertial Labs

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;))

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