Ixia, a leading manufacturer of test equipment for networks, is looking for a buyer

Ixia, a leading manufacturer of test equipment for networks, has launched the procedure for a private sale. This is an exclusive publication said the source, citing anonymous sources familiar with the situation.

A buying opportunity has already attracted potential buyers, including private investment company, and the company Ixia turned to investment Bank for assistance in the sales process. Negotiations are confidential, so that even the names of the possible buyers the unknown. According to informants, the transaction can be concluded within a few weeks.

Ixia market capitalization is estimated at $ 1.3 billion. Last quarter the company had revenue of $ 123.9 million. In Ixia there are, for example, such industry giant like Cisco Systems.

Source: Reuters

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