Spirent Communications plc acquired Test Lab Automation portion from NetScout Systems, Inc. for $7.8 million.
Spirent Communications plc (LSE:SPT) completed the acquisition of Test Lab Automation portion from NetScout Systems, Inc. for $7.8 million on September 8, 2023. The purchase price of $7.8 million, is inclusive of a working capital adjustment. In connection with the divestiture, NetScout has entered into a transitional services agreement with Spirent to provide certain services through December 31, 2023.