Ixia will acquire Agilent Technologies’ N2X data networks product line for $44 million in cash, consolidating its position in IP, Ethernet and LTE testing.
In addition to strong broadband and carrier access protocol expertise, the N2X is known in the industry for its intuitive and powerful user interface and excellent quality, Ixia said.
Ixia is committed to enhancing, developing and supporting the N2X product line through 2015. To support N2X customers, Ixia today also announced its Fusion initiative, which Ixia said lays out a progression for N2X customers to eventually merge onto the Ixia platform for high-speed Ethernet, Layer 7 test and wireless Evolved Packet Core (EPC). Ixia said this migration will be offered at no cost.
“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," said Atul Bhatnagar, president and CEO of Ixia. “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.”
Ixia also announced today that its net revenues for the third quarter of 2009 will be approximately $46.4 million, compared with earlier guidance of $42 to $47 million. This revenue estimate includes a full quarter of results for Catapult Communications Corp., which Ixia acquired in June of this year, but does not include any revenues related to its planned acquisition of Agilent’s N2X business.