Spirent Agrees to Buy Metrico Wireless

LONDON -- Spirent Communications plc (LSE: SPT) (“Spirent”), a leading communications technology company, announces today that it has entered into a definitive agreement to acquire Metrico Wireless, Inc. (“Metrico”), privately held by Dimitrios Topaltzas and others, for a cash consideration of $52.0 million. Based in Frederick, Maryland, Metrico is a leading provider of services and tools that enable carriers, device vendors and technology providers to analyse the performance and subscriber quality of experience (“QoE”) of mobile devices in the field.

Metrico’s cloud-based Testing as a Service (“TaaS”) solutions deliver end-to-end testing under real-world conditions on live networks with comprehensive reporting and analysis, measuring QoE of devices and services with respect to voice, data, video, battery, location and application performance. These solutions can be delivered anywhere and managed centrally, through the use of cloud-based test infrastructure located in 25 countries around the world. In addition to its service offerings, Metrico supplies innovative Measurement Systems to carriers and device manufacturers. The company’s customer base includes the top seven wireless operators in the United States, several leading mobile operators in Europe and every major device manufacturer globally.

Spirent Communications plc