Previous Close | 9.58 |
Open | 9.57 |
Bid | 9.08 x 100 |
Ask | 9.12 x 600 |
Day's Range | 8.90 - 9.60 |
52 Week Range | 7.26 - 11.65 |
Volume | |
Avg. Volume | 2,273,862 |
Market Cap | 2.023B |
Beta (5Y Monthly) | 0.96 |
PE Ratio (TTM) | 454.50 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Keysight (KEYS) is reportedly planning to make a formal bid for Spirent (SPMYY), following a merger agreement between Viavi (VIAV) and Spirent early this month.
Keysight Technologies outbid rival Viavi Solutions to buy Spirent Communications for about 1.16 billion pounds ($1.46 billion) on Thursday, winning a battle over the UK telecoms testing firm's expertise in automation. Shares in London-listed Spirent were up 10.6% to 198.0 pence as of 0957 GMT. Electronic equipment maker Keysight offered 201.5 pence per share, topping Viavi's 175 pence bid in early March.
U.S.-based Keysight Technologies is preparing to launch a formal offer for British telecommunications testing firm Spirent Communications, a person familiar with the matter told Reuters on Wednesday. Sky News reported the development first and said the offer would be valued at about 1.15 billion pounds ($1.45 billion), or roughly 200 pence per share. On March 5, U.S.-listed communications equipment firm Viavi Solutions had agreed to buy Spirent for about 1.01 billion pounds.