Spirent Communications has acquired RF and wireless product-development firm octoScope for $55 million.
Founded in 2006, octoScope is a US-based technology company that provides market-leading accurate, repeatable and automated wireless test solutions and methodologies to the wireless industry. Its test solutions leverage patented technology to provide automated Wi-Fi and 5G testing in emulated real-world environments, including the latest Wi-Fi 6 and 6E technologies.
octoScope’s products are used by a blue-chip roster of leading global communication service providers, chipset, device, network infrastructure and Wi-Fi equipment vendors including: Google, Facebook, Verizon, Qualcomm, Nokia, Amazon, Philips and Sony.
octoScope will be incorporated into Spirent's Lifecycle Service Assurance operating segment along with our emerging Wi-Fi revenue stream currently residing in our high-speed Ethernet business within the Networks & Security operating segment.
Wi-Fi sits alongside 5G as a critical next-generation wireless access technology. With the explosive growth in the Internet of Things, the emergence of new mission-critical use cases in sectors such as healthcare and industry, and expansion of applications including fixed wireless access and Wi-Fi offload, the importance of reliable and secure Wi-Fi is greater than ever.
Spirent already has a strong position in the Wi-Fi and 5G test markets and the combination of octoScope with its existing portfolio firmly establishes Spirent as the Wi-Fi test leader. It also provides opportunities to extend the capabilities of our 5G solutions and offer new and differentiated services to our customers through our global channels.
Eric Updyke, Chief Executive Officer, Spirent
This acquisition supports our strategy of sustainable, profitable growth by establishing Spirent as the firm market leader in the expanding Wi-Fi space, adding to our 5G solution portfolio. octoScope brings to us an impressive and well-known customer base, providing us with the opportunity to further leverage our established global routes to market and trusted relationships with our key accounts.
