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Ixia to Acquire Net Optics, Inc


Tuesday, 29 Oct 2013 04:05pm EDT 

Ixia announced that it has entered into a definitive agreement to acquire Net Optics, Inc. (Net Optics), provider of total application and network visibility solutions. Under the terms of the agreement, Ixia will pay $190 million in cash, in a cash-free/debt-free transaction and subject to certain adjustments based on Net Optics` net working capital at closing. The transaction is anticipated to close in the fourth quarter of 2013, and is subject to customary closing conditions and approvals. 

Company Quote

11.38
0.08 +0.71%
27 Feb 2015