Ixia agreed to acquire Catapult Communications, a supplier of 3G and 4G network test solutions. Under the deal, Ixia will pay $9.25 per share in cash, valuating the transaction at approximately $105 million, or $63 million net of Catapult's cash and investments.
Catapult's test portfolio covers numerous protocols and frameworks, including LTE, IMS, WiMAX, CDMA, VoIP, GPRS and GSM.
Ixia said the acquisition will enable it to provide a single source solution for testing converged IP multiplay service over wireless or wireline networks.
"We're at an inflection point where today's advanced communications are quickly merging into a single, seamless delivery network that combines fixed and mobile communications," said Atul Bhatnagar, President and CEO of Ixia.
http://www.ixiacom.com
http://www.catapult.com
Sunday, May 10, 2009
Ixia to Acquire Catapult for 3G/4G Tests
Sunday, May 10, 2009
Financial, Mergers and Acquisitions