QUEBEC CITY, June 16, 2021 — Test, measurement, and assurance technology company VIAVI Solutions Inc. has proposed the acquisition of EXFO Inc., a test and service assurance solutions developer for wireline and wireless network operators and equipment manufacturers. Both companies are prominent figures in the communications test and measurement sector. The acquisition offer, worth approximately $430 million (524 million CAD) and $7.50 per share, is the third offer VIAVI has proposed to acquire EXFO. The current proposal comes less than 10 days after EXFO announced a “going private” transaction. Per the...Read full articleRelated content from Photonics MediaARTICLESPhotonics News: Week in Brief: 09/24/21Qioptiq’s new production facility in Göttingen, Germany offers 72,000 sq ft of space, including 16,000 sq ft of dedicated Class 5 cleanrooms. Courtesy of Excelitas. 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