M&A
confidence high
sentiment positive
materiality 0.80
VIAVI signs $150M deal to acquire Inertial Labs; expands aerospace/defense reach
VIAVI SOLUTIONS INC.
- Initial consideration $150M at closing plus up to $175M contingent over four years.
- Expected to close in Q1 2025, subject to regulatory approvals and customary conditions.
- Deal funded from cash on hand; expected to add ~$50M to NSE annual revenue in CY2025.
- Expected to be accretive to EPS within 12 months of closing.
- Inertial Labs offers IMU, INS, APNT, GNSS, LiDAR and alternative navigation solutions.