Keysight Still Needs Chinese Clearance for Buy of Spirent
Keysight Technologies said on Thursday the only clearance still needed for its proposed buy of wireless tech and testing company Spirent Communications is from China’s State Administration for Market Regulation (SAMR). “With support and assistance from Spirent, Keysight remains committed to working quickly and constructively with SAMR to obtain clearance for the Acquisition,” Keysight said.
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DOJ’s Antitrust Division cleared the $1.5 billion deal in June, requiring Keysight to divest Spirent’s high-speed Ethernet testing, network security testing and RF channel emulation businesses “to resolve antitrust concerns.”