Thursday, April 13, 2017

Ixia Shareholders Give Nod To Keysight Technologies Buy

Calabasas-based Ixia, the developer of network testing hardware and software, along with other products, said late Wednesday that its shareholders have voted to approve the acquisition of the company by Keysight Technologies. The two companies had announced the acquisition deal on January 30th. Ixia said that approximately 82.8 percent of its outstanding shares were voted in favor of the deal. The deal is worth $1.6 billion, or $19.6 per share in cash.

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