Ixia acquires Agilent Technologies' N2X Product Line for US$44 million

On October 30, 2009, Ixia (Nasdaq:XXIA) completed the acquisition of the Agilent Technologies, Inc. (NYSE:A) N2X Data Networks Product Line for approximately US$44 million in cash and the assumption of certain liabilities. The acquisition was structured as an asset purchase. Ixia is the leading provider of converged IP performance test systems and service verification platforms for wireless and wired infrastructures and services. Ixia was advised on the Canadian legal matters involved in this acquisition by a team from Fasken Martineau led by Brian McIntomny and that included, among others, Edmond Luke (real property leasing), Don Dalik (competition), William Duvall (employment) and Larry Nelson (corporate).