DelMorgan & Co. acted as the exclusive financial advisor to Jackson Labs in connection with the transaction.
Jackson Labs Technologies which is known for developing and supplying modules, subsystems and box-level solutions has now been acquired by VIAVI Solutions Inc. on 6th October 2022 for critical infrastructure serving both military and civilian applications.
The former companies’ M-Code solutions complement and advance VIAVI’s timing and synchronization portfolio. This is important in today’s world as PNT requirements continue to expand in the fields of defence, space, commercial aviation, telecommunication networks etc.
Oleg Khaykin, President and CEO of VIAVI, said “As telecommunications, avionics and mission-critical infrastructure adopt next-generation technology, legacy timing and synchronization protocols are no longer sufficient. Jackson Labs is a trusted provider of PNT solutions in these markets, and we look forward to addressing these opportunities together. With this acquisition, we are continuing to drive operational scale via the addition of advanced technology and high-performance products that address market segments with strong growth and profitability.”
Said Jackson, CEO of Jackson Labs Technologies, added, “Being a part of VIAVI will significantly expand Jackson Labs Technologies’ market reach worldwide, and allow us to further deliver world-class solutions for the rapidly developing PNT landscape as it enters a new era.”
The terms of the transaction for this acquisition are not being disclosed. DelMorgan & Co. acted is the exclusive financial advisor to Jackson Labs in connection with the transaction.
