Summary
Ixia was a public computer networking company operating in around 25 countries until its acquisition by Keysight Technologies Inc. in 2017. Ixia was headquartered in Calabasas, California and had approximately 1,750 employees.
 | |
| Company type | Division of Keysight Technologies Inc. |
|---|---|
| Nasdaq: XXIA | |
| Industry | Computer networking Wireless networking Security testing Network management Telecommunications |
| Founded | 1 January 1997  |
| Headquarters | Calabasas, California, United States |
| Products | See product listing |
| Revenue | $464 million (2014) $467 million (2013) $412 million (2012) $308 million (2011) |
Number of employees | 1,700+ |
| Website | www.ixiacom.com |
Ixia's customers included manufacturers of network equipment such as Cisco and Alcatel-Lucent,[1] service providers such as Verizon, NTT[2] and Deutsche Telekom,[3] and enterprises and government agencies.
History edit
Ixia was founded by Errol Ginsberg and Joel Weissberger in 1997. Atul Bhatnagar[4] succeeded Ginsberg as president and CEO in 2007. On March 19, 2012 Ixia announced Victor Alston as president and chief executive, with Ginsberg remaining chairman. In October 2013, Ixia announced Victor Alston's resignation as chief executive, and he was replaced by Ginsberg as acting CEO.[5] On August 21, 2014, the board named Bethany Mayer president and CEO. Mayer was also named to the board of directors.[6]
Historically an IP/Ethernet testing house, the acquisition of Catapult Communications in June 2009[7] established Ixia as a player in the wireless market. Ixia made a second acquisition in 2009, buying Agilent Technologies' N2X Data Networks Product Line for $44 million.[8] Ixia further expanded its testing capabilities by acquiring Wi-Fi testing company VeriWave, Inc. in July, 2011.[9] On June 4, 2012 Ixia announced the completion of the acquisition of Anue Systems, Inc., a developer of network visibility software and tap aggregation products founded by Kevin Przybocki, Hemi Thaker, and Chip Webb. On August 24, 2012, the company announced another acquisition, BreakingPoint Systems,[10] a company in network security testing. Ixia continued its acquisitions by announcing the purchase of Net Optics[11] on October 29, 2013.
In 2017, Keysight Technologies Inc. acquired Ixia for about $1.6 billion in cash.[12][13][14][15]
The company's test and simulation platforms are used by network equipment manufacturers, service providers, enterprises, and government agencies to design and validate a wide range of wired, Wi-Fi and 3G/4G networking equipment and networks.
References edit
- ^ "Isocore and Ixia Validate Alcatel-Lucent 100 Gigabit Ethernet Service Routing". Archived from the original on 2011-07-23. Retrieved 2010-09-14.
- ^ Ixia and NTT Com Test a 100 Gbps Network Between Makuhari (Chiba) and Otemachi (Tokyo)
- ^ Deutsche Telekom AG Migrates to Ixia's High-Density 10 GE Testing Solution
- ^ Frost and Sullivan Movers & Shakers Interview with Atul Bhatnagar, CEO, Ixia
- ^ "Resume Problems Cause Ixia CEO to Resign". Los Angeles Business Journal. 2013-10-28. Retrieved 2013-10-28.
- ^ "Ixia Names Bethany Mayer President and Chief Executive Officer - WSJ.com". Wall Street Journal. 2014-08-21. Retrieved 2014-08-27.
- ^ Ixia Completes Acquisition of Wireless Test Vendor Catapult Communications
- ^ Ixia to Buy Agilent Technologies' N2X Data Network Testing Product Line
- ^ Ixia Completes Acquisition of Veriwave
- ^ Ixia Completes Acquisition of BreakingPoint Systems, Inc.
- ^ Ixia to Acquire Net Optics, Inc.
- ^ Hufford, Austen (January 30, 2017), Keysight to Buy Ixia for About $1.6 Billion, New York City: Wall Street Journal, retrieved January 31, 2017
- ^ "Keysight Technologies to buy Ixia for $1.6 billion". Reuters. 2017-01-30. Retrieved 2023-05-09.
- ^ Baker, Liana B. (2017-01-30). "Keysight Technologies to buy Ixia for $1.6 billion". Reuters. Retrieved 2017-03-09.
- ^ "Keysight Technologies Announces Closing of Acquisition of Ixia". keysight.com (Press release). 2017-04-18. Retrieved 2017-10-10.
External links edit
- Official site
- Business data for Ixia:
- SEC filings