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.
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.