Ixia Completes Acquisition of Agilent Technologies' N2X Data Network Testing Product Line

Ixia (Nasdaq:XXIA) a leading, global provider of converged IP performance test systems, announced today that it has completed the acquisition of the Agilent Technologies, Inc. (NYSE:A) N2X Data Networks Product Line for approximately $44 million in cash and the assumption of certain liabilities. The acquisition was structured as an asset purchase and closed on Friday, October 30, 2009.

In addition to strong broadband and carrier access protocol expertise, the N2X is known in the industry for its intuitive and powerful user interface and excellent quality. With a leadership position in high speed Ethernet (10/40/100 Gbps) IP testing, Ixia will leverage the N2X products and customer base to further penetrate markets, particularly service providers and other customers in the EMEA and Asia/Pac regions.

Ixia will continue to enhance, develop and support the N2X product line through 2015. Existing N2X customers will be able to take immediate advantage of Ixia's extreme scalability, higher speed Ethernet support, and layer 4-7 application testing through the company's Fusion initiative. Details of the Fusion program are available at www.ixiacom.com/Fusion.

About Ixia

Ixia is the leading provider of converged IP performance test systems and service verification platforms for wireless and wired infrastructures and services. Ixia's test systems are used by network and telephony equipment manufacturers, semiconductor manufacturers, service providers, governments and enterprises to validate the performance and reliability of complex networks, devices and applications. Ixia's multiplay test systems address the growing need to test voice, video and data services and network capability under real-world conditions.

Safe Harbor Under the Private Securities Litigation Reform Act of 1995:

Certain statements made in this press release are forward-looking statements, including, without limitation, statements regarding the anticipated benefits of Ixia's acquisition of Agilent's N2X Data Networks Product Line, growth, future business and market share. In some cases, such forward-looking statements can be identified by terms such as "may," "will," "expect," "plan," "believe," "estimate," "predict" or the like. Such statements reflect our current intent, belief and expectations and are subject to risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in the forward-looking statements. Factors that may cause future results to differ materially from our current expectations include those identified in our Annual Report on Form 10-K for the year ended December 31, 2008, and in our other filings with the U.S. Securities and Exchange Commission. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information, contact Ixia at 26601 W. Agoura Road, Calabasas, CA 91302; (818) 871-1800, Fax: (818) 871-1805; Email: info@ixiacom.com or visit our Web Site at http://www.ixiacom.com.

Ixia and the Ixia four-petal logo are registered trademarks or trademarks of Ixia.

SOURCE: Ixia

Ixia 
Editorial Contact: 
Kelly Maloit 
Director of Public Relations 
Dir: 818-444-2957 
kmaloit@ixiacom.com 
or 
Investor Contact: 
Tom Miller 
Chief Financial Officer 
Dir: 818-444-2325 
tmiller@ixiacom.com

Related terms: acquisition, annual report, asia, bandwidth, business, california, carrier, email, Ethernet, market, market share, nasdaq, nyse, products, securities, semiconductors, technology, telephony, video, web, wireless