Tuesday, July 3, 2012

Network Testing Consolidation: Ixia Pays $160M Cash For Security-Focused BreakingPoint Systems

ixia breakingpointSome M&A activity among those companies that work behind the scenes so that carriers can continue to deliver your apps, streamed music, phone calls and texts without a hitch: the network testing company Ixia has announced that it will be paying $160 million in cash to buy BreakingPoint Systems. BreakingPoint is a specialist in security testing for wireless and wireline networks, as well as attack analytics, with more than 34,000 examples of attacks, malware and exploits parsed in its library. The move means that Ixia will be able to offer its carrier and large enterprise customers a fuller portfolio of services for network testing -- but perhaps more importantly it is a sign of how the growth in mobile and fixed data networks -- on the back of the smartphone and tablet boom -- has led to a bigger focus on security threats, data breaches and privacy protection. The deal comes on the heels of Ixia's purchase of another network performance company, Anue Systems, in May for $145 million. Vic Alston, president and CEO of Ixia, would not comment on whether the company is continuing on its acquisitions sprees. "We will never say never, but our main priority at this point is to integrate Anue and BreakingPoint and focus on growth," he told TechCrunch.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/HKtzBDeurMA/

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