Ixia to buy Anue Systems for $145 million

Telecom Lead America: Converged
IP and wireless network test solutions provider Ixia is set to acquire Anue
Systems, a developer of network visibility solutions, for $145 million in cash.

Following the acquisition of Anue, Ixia will become a
leading player in the network visibility market. The market is growing over 30
percent per year and will enhance Ixia’s service provider presence and create
new opportunities among enterprise customers.

Revenue of Anue increased 51 percent in 2011 to $40.5
million and generated gross margins of 83 percent for the year. For the 12
months ended March 31, 2012, Anue generated $47.6 million in revenues.

Ixia is buying Anue Systems because Anue’s Net Tool
Optimizer solution aggregates and filters network traffic to help optimize
network monitoring tool usage. This efficiency creates significant customer
value by maximizing IT resources, streamlining network troubleshooting,
and expanding network monitoring capacity.

“Many networking trends such as the deployment of cloud
and virtualization, LTE and mobility driven growth, security implications of
applications delivered over cloud infrastructures, and the massive expansion in
bandwidth are fueling both Ixia’s and Anue’s growth,” said Vic Alston,
Ixia chief operating officer.

Cloud providers, mobility operators and enterprises need
network and traffic visibility to maintain quality of service. Anue’s Optimizer
solutions provide customers with a measurable value regarding performance,
scale, and resiliency of networks, while enabling the creation of a next
generation platform for quality of service delivery across live networks.

“This transaction will give Ixia reach into our service
provider and enterprise customers, while Anue’s products will benefit from
Ixia’s international channels. Ixia and Anue together will bring value to
customers by helping to build and operate networks that deliver high value
applications and services with quality, scale and resiliency,” said Alex
Pepe, chief executive officer of Anue.

Network equipment manufacturers, service providers,
enterprises and government agencies use Ixia’s test and simulation platforms to
design and validate a broad range of wired, Wi-Fi and 3G/LTE networking
equipment and networks.


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