Ixia, a provider of converged IP performance test systems and service verification platforms for wireless and wired infrastructures and services, reportedly announced that it has signed a definitive agreement with Agilent (News - Alert) Technologies, Inc., under which Ixia will acquire Agilent`s N2X Data Networks Product Line for $44 million in cash.
Agilent Technologies (News - Alert), Inc. is a measurement company, providing core bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries. The acquisition is scheduled to close on Oct. 30 and will include certain assets of the N2X product line.
"This strategic and decisive move accelerates our growth, captures additional market share and positions Ixia to offer even greater value to our global customers and partners," Atul Bhatnagar (News - Alert), president and CEO of Ixia, said in a statement. "With our leadership position in high speed Ethernet (10/40/100 Gbps) IP testing, we will leverage the N2X products and customer base to further penetrate markets,
particularly in EMEA and Asia."
N2X has been a provider of strong broadband and carrier access protocol, and also the intuitive and powerful user interface. Ixia (News - Alert) is committed to enhancing, developing and supporting the N2X product line through 2015. To seamlessly support N2X customers, Ixia today also announced its Fusion initiative, which allows N2X owners to take advantage of Ixia`s extreme scalability, higher speed Ethernet support, and layer 4-7 application testing.
"This is an exciting day for Agilent N2X customers, partners and employees across the globe," said David Churchill, vice president and general manager of
Agilent`s network and digital solutions business unit, electronic measurements group. "N2X customers are accustomed to a strong tradition of easy-to-use test
applications with extensive protocol support. Joining forces with Ixia will drive innovation and value across every aspect of the network testing marketplace."
Anamika Singh is a contributing editor for TMCnet. To read more of Anamika's articles, please visit her columnist page.
Edited by Amy Tierney