Ixia acquires Catapult Communications
XXIA | Quote | Chart | News | PowerRating -- Ixia (Nasdaq:XXIA) has completed its acquisition of wireless test
vendor Catapult Communications Corporation, the provider of converged
IP performance test systems said on Wednesday.
According to the company, the value of the acquisition is approximately
USD105m or USD63m net of Catapult's cash and investments.
The acquisition was conducted by means of a tender offer for all of the
outstanding common shares of Catapult and was completed by a merger
that was effected on 23 June 2009.
The acquisition has enabled Ixia to expanded its suite of test
platforms that help service providers accelerate deployment of wireless
services based on converged networks that support powerful and complex
multimedia applications.
Catapult's wireless test systems deliver high-performance solutions for
hundreds of protocols and variants, including LTE, IMS, UMTS, WiMAX,
CDMA, VoIP, GPRS, GSM and SS7.
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