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Ixia (company)

Ixia
Public
Traded as NASDAQXXIA
S&P 600 Component
Industry Computer networking
Wireless networking
Security testing
Network visibility
Telecommunications
Headquarters 26601 W. Agoura Drive
Calabasas, CA 91302
United States
Area served
Global
Key people
Bethany Mayer
(President and CEO)
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 is a public company operating in around 25 countries. Ixia is headquartered in Calabasas, California and has approximately 1750 employees.

Ixia's key customers include manufacturers of network equipment such as Cisco and Alcatel-Lucent, service providers such as Verizon, NTT and Deutsche Telekom, and enterprises and government agencies.

Ixia was founded by Errol Ginsberg and Joel Weissberger in 1997. Atul Bhatnagar 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. On October 2013, Ixia announced Victor Alston's resignation as chief executive, and he was replaced by Ginsberg as acting CEO. On August 21, 2014, the board named Bethany Mayer president and CEO. Mayer was also named to the board of directors.

Historically an /Ethernet testing house, the acquisition of Catapult Communications in June 2009 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. Ixia further expanded its testing capabilities by acquiring Wi-Fi testing company VeriWave, Inc. in July, 2011. On 4 June 2012 Ixia announced the completion of the acquisition of Anue Systems, Inc., a developer of network visibility/tap aggregation products founded by Kevin Przybocki, Hemi Thaker, and Chip Webb. On August 24, 2012, the company announced another acquisition, BreakingPoint Systems, a company in network security testing. Ixia continued its acquisitions by announcing the purchase of Net Optics on October 29, 2013.

On January 30, 2017, Keysight Technologies Inc. agreed to buy Ixia for about $1.6 billion in all-cash, with the deal expected to close by October 2017.

Ixia'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.


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