Keysight and Ixia to Combine to Accelerate Growth and Create a Powerful Innovation Engine

SANTA ROSA, Calif. & CALABASAS, Calif.--(BUSINESS WIRE)--Keysight Technologies, Inc. (NYSE: KEYS) and Ixia (Nasdaq: XXIA) today announced a definitive agreement for Keysight to acquire Ixia in an all-cash transaction totaling approximately $1.6 billion in consideration, net of cash. The board of directors of both companies have unanimously approved the transaction, which is anticipated to close no later than the end of October 2017 and is subject to customary closing conditions and approvals.