Amid discussion of their company's fourth quarter 2017 earnings August 15, Viavi Solutions (NASDAQ:VIAV) executives casually dropped a bit of news: The company acquired fellow test and measurement house Trilithic Inc. The move expands Viavi's reach into the cable operator space, particularly to meet the needs of contractors and other technicians charged with installing and troubleshooting services. Terms of the deal were not disclosed.
Privately held, Indianapolis-based Trilithic offers a variety of handheld test instruments, including home certification meters, business services meters, maintenance meters, wireless test sets, and in-home leakage meters. The company also active in emergency alert systems. Trilithic also owns a Thailand-based manufacturing subsidiary, Trilithic Asia Company, Ltd.
Viavi Solutions President and CEO Oleg Khaykin told attendees on the earnings call the acquisition forwards Viavi's market consolidation strategy as well as extending its reach into the cable operator market. Khaykin pointed to Trilithic's leakage meters as a product of particular interest. The instruments are described in the following video.
Trilithic's trailing 12 months' revenue was in mid-$20 million range, Khaykin reported. He added that he expects the acquisition to be accretive this fiscal year. The Trilithic line should grow Via'i’s revenue share in Asia, Europe, and Latin America among contractors and installers, Khaykin added.
About the Author
Stephen Hardy
Editorial Director & Associate Publisher
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, DOCSIS technology, and more.