CALABASAS, Calif. -- Ixia (Nasdaq: XXIA) announced today that it has signed a definitive agreement with Catapult Communications Corporation (Nasdaq: CATT) (“Catapult”), under which Ixia will acquire Catapult for $9.25 per share in cash. The transaction is valued at approximately $105 million, or $63 million net of Catapult’s cash and investments. The acquisition is expected to close in the third quarter.

Catapult’s 3G and 4G wireless networking test solutions are an excellent complement to Ixia’s complete line of IP performance test systems and service verification platforms. With this acquisition, Ixia will be able to provide a single source solution for testing converged multiplay IP services over wireless and wireline networks to new and existing customers, specifically telecom equipment manufacturers and global service providers. Catapult’s advanced wireless test systems deliver superior high-performance solutions for hundreds of protocols and variants, including LTE, IMS, WiMAX, CDMA, VoIP, GPRS and GSM.

Ixia (Nasdaq: XXIA)