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Ixia completes acquisition of Net Optics - Form 8-K

Friday, 6 Dec 2013 04:42pm EST 

Ixia:Says on Dec. 5, Ixia, completed its acquisition of Net Optics, Inc., pursuant to the terms of an agreement and plan of merger dated as of Oct. 29, by and among the company, Net Optics, Matthew Acquisition Corp. and Charlotte Matityahu, as the representative of the securityholders of Net Optics.Says pursuant to the terms of the Merger Agreement, on the Closing Date, the Acquisition Subsidiary merged with and into Net Optics, with Net Optics being the surviving corporation and becoming a wholly owned subsidiary of the company.Says it has paid total cash consideration of about $190.7 million and acquired the company on a debt and cash free basis. 

Company Quote

23 Oct 2014