0
General

Keysight buys Ixia for USD 1.6 bln in cash

Monday 30 January 2017 | 13:37 CET | News
Keysight Technologies has agreed to acquire Ixia for USD 1.6 billion in cash. The board of directors of both companies have unanimously approved the deal, which is expected to close by the end of October, subject to the usual closing conditions and approvals. Under the terms of the agreement, Ixia shareholders will receive USD 19.65 per share in cash. The price is a premium of 45 percent to the closing price of Ixia shares on 1 December, the last day before media reports said Ixia was considering strategic alternatives.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Ixia
Countries: World
::: add a comment
This article is part of dossier

5G


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Ixia, Arrow Electronics expand relationship to include EMEA

Published 06 Jun 2017 11:18 CET | World
Ixia expanded its current relationship with Arrow Electronics, a provider of products and services to industrial and commercial ...

Keysights gets approvals for Ixia acquisition

Published 14 Apr 2017 15:53 CET | World
The acquisition by Keysight Technologies of Ixia for USD 1.6 billion in cash has received clearance under the antitrust laws of ...

Ixia launches scalable LTE test platform

Published 13 Mar 2017 15:52 CET | World
Ixia launched IxLoad LTE Xair2, a new radio access network (RAN) test product that is specifically designed for service ...

Keysight Technologies joins 5GAA

Published 03 Mar 2017 08:47 CET | World
Keysight Technologies joined the 5G Automotive Association, or 5GAA. Keysight said it will contribute to connecting the 5G ...





Calendar   /   Industry Events

22 Oct Doro Q3 results
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
25 Oct Facebook Q3
26 Oct Twitter Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct TIM Brasil Q3 2021
26 Oct Siminn Q3 2021
26 Oct KPN Q3 2021
26 Oct NENT Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct Digital Realty Q3
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct FCC meeting
26 Oct Samsung Developer Conference
26 Oct Cabsat
26 Oct MWC Los Angeles
27 Oct Telefonica Deutschland Q3 2021
27 Oct TIM Q3 2021
27 Oct Spotify Q3 2021
27 Oct Vertiv Q3
27 Oct Netgear Q3
27 Oct Twilio Q3
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
::: More Calendar Items