VIAVI Solutions has signed an agreement to acquire Inertial Labs for $150 million. The acquisition, subject to certain regulatory approvals and customary closing conditions, is expected to close in the third quarter of fiscal 2025 and has a potential for up to $175 million in contingent payments throughout the next four years.
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This acquisition is expected to significantly boost VIAVI’s financial performance, with projections indicating an increase of approximately $50 million to the company’s Network and Service Enablement (NSE) annual revenue in 2025. Inertial Labs brings to VIAVI a comprehensive portfolio, including inertial measurement units (IMU), inertial navigation systems (INS), assured positioning navigation and timing (APNT), GNSS tracking, lidar scanning, alternative navigation (ALTNAV) and visual navigation solutions. These offerings complement VIAVI’s existing PNT and other aerospace and defense solutions.
According to VIAVI Solutions, the acquisition is designed to open up new opportunities for VIAVI in emerging markets. Inertial Labs’ expertise in utility inspection through lidar and photogrammetry algorithms, as well as smart system navigation for airborne and autonomous ground vehicles, is expected to accelerate VIAVI’s entry into industrial and autonomous delivery and transportation end markets.
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“With a highly complementary product portfolio focused on alternate navigation solutions, this transaction supports VIAVI’s strategy to expand our presence in domestic and international aerospace and defense segments and accelerates our entry into autonomous air, land and sea systems in the military and industrial end markets,” said Oleg Khaykin, president and CEO of VIAVI.
“We are excited that our expertise, precision solutions and resources provide expansion opportunities for VIAVI in high growth markets and applications such as drone-based lidar and camera systems,” said Jamie Marraccini, president and CEO of Inertial Labs.
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