Ixia to Acquire VeriWave

The test-equipment company strikes a deal with a wireless LAN performance-testing specialist

June 27, 2011

1 Min Read

CALABASAS, Calif. -- Ixia (NASDAQ: XXIA), the leading, global provider of converged IP and wireless network test solutions, announced today that it has signed a definitive agreement with VeriWave, Inc. (“VeriWave”), a performance testing company for wireless LAN (WLAN) and Wi-Fi enabled smart devices, under which Ixia will acquire VeriWave. Subject to customary closing conditions, the acquisition is scheduled to close on or about July 18, 2011. The purchase price and other terms of the acquisition were not disclosed. Ixia expects to see accretive results from the acquisition within one year.

VeriWave wireless test solutions validate Wi-Fi networks, smart devices, and applications by benchmarking and measuring speed, quality, interoperability, compliance, and other pivotal aspects of wireless performance. These solutions verify quality of rich-media experience from the end-user perspective, while simulating realistic and fully-loaded networks to test client interaction and performance under varying traffic conditions.

Ixia (Nasdaq: XXIA)

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