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Viavi Solutions To Acquire Navigation Solutions Company Inertial Labs

Viavi Solutions To Acquire Navigation Solutions Company Inertial Labs
Inertial Labs' inertial measurement units and other navigation and position systems are used in various defense applications. Photo: Inertial Labs

Viavi Solutions [VIAV] last Friday said it has agreed to acquire Inertial Labs, Inc., in a deal valued at up to $325 million to expand its presence in domestic and international aerospace and defense markets. Viavi, which is based in Arizona, said it expects the acquisition to add about $50 million in sales in 2025. The deal is expected to close in the first quarter of 2025, subject to regulatory approvals, and has been approved by both company’s boards. Deal…

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