Ixia has signed a definitive agreement to acquire VeriWave, a performance testing company for wireless LAN and Wi-Fi enabled smart devices.
Subject to customary closing conditions, the acquisition is scheduled to close on or about July 18, 2011.
Ixia expects to see accretive results from the acquisition within one year.
CEO Atul Bhatnagar said that by integrating VeriWave’s portfolio of innovative Wi-Fi testing solutions, Ixia will help ensure that carriers, multi-system operators, enterprises and network equipment manufacturers are able to fully support media-rich applications running on all types of wireless smart devices.
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