VIAVI Solutions Inc. announced on January 30, 2025, that it completed the acquisition of Inertial Labs, Inc. on January 28, 2025. This acquisition, initially announced on December 13, 2024, involved an initial consideration of $150 million cash at closing, with potential for up to $175 million in contingent consideration over four years. The transaction was funded through VIAVI's cash on hand.
Inertial Labs specializes in high-performance orientation, positioning, and navigation solutions for aerospace, defense, and industrial applications. Its product portfolio, including Inertial Measurement Units (IMU), Inertial Navigation Systems (INS), and Assured Position Navigation and Timing (APNT) solutions, significantly bolsters VIAVI's existing PNT capabilities. This strategic move expands VIAVI's market reach into high-growth adjacent markets.
The acquisition is expected to add approximately $50 million to VIAVI's Network and Service Enablement (NSE) annual revenue in calendar year 2025. Furthermore, it is projected to be accretive to VIAVI's earnings per share (EPS) within 12 months of closing. This completion marks a significant step in VIAVI's strategy to diversify revenue streams and extend technological leadership.
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