Spirent offloads systems division

FTSE 250 technology firm Spirent Communications said it was selling off its systems division as it focuses on core markets.

FTSE 250 technology firm Spirent Communications said it was selling off its systems division as it focuses on core markets.

The division, which trades as PG Drives Technology, is being sold to US engineering firm Curtiss-Wright Corporation for $64m in cash, with the deal expected to go through in October.

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