M&A Deal Summary

Spirent Communications Acquires Testing Technologies IST

On March 30, 2016, Spirent Communications acquired software company Testing Technologies IST

Acquisition Highlights
  • This is Spirent Communications’ 5th transaction in the Software sector.
  • This is Spirent Communications’ 1st transaction in Germany.

M&A Deal Summary

Date 2016-03-30
Target Testing Technologies IST
Sector Software
Buyer(s) Spirent Communications
Deal Type Add-on Acquisition

Target

Testing Technologies IST

Berlin, Germany
Testing Technologies is a Automation Software Quality Tools. With its flagship platform TTworkbench, Testing Technologies is focused on test automation for the automotive and IoT industries. As the automotive industry moves to IP networks and automakers begin to realize their vision of the connected car, the acquisition of Testing Technologies will enable Spirent to offer the most effective solution available to ensure the functionality and performance of next-generation automobile components and technologies.

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Buyer(S) 1

Buyer

Spirent Communications

Crawley, United Kingdom

Category Company
Founded 1936
Sector Communications
Revenue 608M GBP (2022)
DESCRIPTION

Spirent Communications operates as a communications test and measurement company in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Spirent Communications was founded in 1936 and is based in Crawley, the United Kingdom.


DEAL STATS #
Overall 9 of 9
Sector (Software) 5 of 5
Type (Add-on Acquisition) 8 of 8
Country (Germany) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-08 Epitiro

Cardiff, United Kingdom

Epitiro (UK) Ltd. is a provider of high-quality voice, video and data services and access to business-critical applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-05 Mobilethink A/S

Aarhus, Denmark

Mobilethink is a provider of mobile device management, device analytics and intelligence software solutions for mobile operators. Mobilethink is based in Aarhus, Denmark.

Sell -