Less Ads, More Data, More Tools Register for FREE

Spirent buys US ally for $15m

Tue, 15th Feb 2011 08:10
Telecoms testing group Spirent is to buy US firm Fanfare for $15m cash. Fanfare's business is similar to Spirent's. It also provides test automation solutions to equipment makers."Bringing Fanfare's software expertise and its innovative iTest technology to Spirent will enable us to realise that vision much more quickly, including an ongoing commitment to an open, standards-based approach," Spirent said."Over the past few years we've built an extremely successful partnership with Spirent," added Tom Ryan, CEO of Fanfare. "This acquisition is a logical way to deliver even more value to customers, through Spirent's scale and global reach and through seamless integration with test solutions, including market-leading solutions from Spirent"

Shares in this article

Related News

IN BRIEF: Court sanctions Keysight's takeover of Spirent
14 Oct 2025

IN BRIEF: Court sanctions Keysight's takeover of Spirent

Spirent Communications - Crawley, England-based test and assurance solutions provider - Says its proposed takeover by Keysight Technologies Inc is cou...

IN BRIEF: No China watchdog decision on Spirent takeover yet
16 Sep 2025

IN BRIEF: No China watchdog decision on Spirent takeover yet

Spirent Communications PLC - Crawley, England-based test and assurance solutions provider - A Chinese regulatory decision for the acquisition of Spire...

LONDON BROKER RATINGS: Barclays cuts Segro; RBC cuts Close Brothers
18 Aug 2025

LONDON BROKER RATINGS: Barclays cuts Segro; RBC cuts Close Brothers

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:

Segro + 22 more shares