spirent communications plc
(SPNUF:OTC Markets Group Inc - Current Information)
Transactions by SPIRENT COMMUNICATIONS PLC (SPNUF) in the last 6 months
Spirent Communications Plc. (LSE:SPT) acquired the net assets of NetGend LLC for $1 million in cash in September, 2014. In addition, deferred consideration will be payable based on revenue generated during the four year period commencing in 2015. Its results will be reported within the Networks & Applications division. Larisa Millings and Emma Appleton of FTI Consulting acted as PR advisor to Spirent Communications plc.
Spirent Communications Plc. (LSE:SPT) acquired Mobilethink A/S for $20 million in cash on September 15, 2014. The transaction also involves Mobilethink's wholly owned subsidiary Tweakker ApS. The consideration is funded from existing cash resources. Mobilethink reported revenue of $8.2 million for the year ended December 31, 2013. Spirent expects this transaction will be earnings enhancing and cash generative in the first full year, and have a return on investment over ...
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