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Ixia Buys Catapult Communications

socalTECH

Calabasas-based Ixia said late Monday afternoon that it has entered into a definitive agreement to acquire Catapult Communications, a developer of 3G and 4G wireless networking test products. The deal is worth $63M after accounting for Catapult's cash and investments. According to Ixia, it will pay $9.25

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Interview with Vic Alston, Ixia

socalTECH

To do that, we spoke with Vic Alston , the CEO of Calabasas-based Ixia (www.ixiacom.com), a publicly traded maker of network testing equipment and software. One of the things the Anue acquisition does, is it brings us into a whole new market, the live network market. It's pretty sustained, strong growth we see there.