Spirent Communications plc

Company Description

Spirent Communications plc is a telecommunications multinational. It was founded in 1936 and provides solutions for the development of devices and equipment, as well as the operation of communication networks throughout the world. Spirent is a network and security company that also provides lifecycle service assurance and linked devices for the communication, government, financial services, healthcare, retail, and transportation industries.

Detailed Description

Spirent Communications plc provides automated test and assurance solutions for networks, cybersecurity, and positioning applications worldwide. The company operates through Networks & Security, Lifecycle Service Assurance, and Connected Devices segments. The Networks & Security segment develops performance and security test systems to accelerate the development of new devices, networks, and applications for high-speed Ethernet/IP, mobile, and global satellite navigation systems. The Lifecycle Service Assurance segment provides assurance systems to accelerate the turn up of new services, troubleshooting of customers, and production network problems. The Connected Devices segment develops systems for wireless connectivity. It serves communication, government, financial services, healthcare, retail, and transportation businesses. Spirent Communications plc has a collaboration agreement with Synopsys, Inc. to deliver a networking system-on-chip (SoC) verification solution. The company was formerly known as Spirent plc and changed its name to Spirent Communications plc in May 2006. Spirent Communications plc was founded in 1936 and is headquartered in Crawley, the United Kingdom.

Product & Services

Network diagnostics

Key People

Bill Thomas (chairman of​ the board) Eric Updyke (CEO) Paula Bell (CFO)

Financials

Revenue: US$576.0 million (2021)

Operating income: US$118.5 million (2021)

Net income: US$89.2 million (2021)