Ixia to buy BreakingPoint Systems for $160 million in cash

Telecom Lead America: IP and wireless network test
and visibility solutions provider Ixia is set to buy BreakingPoint Systems for
$160 million in cash.

BreakingPoint enables Ixia to provide an end-to-end
solution that monitors, tests, and optimizes converged networks.

BreakingPoint’s solutions provide visibility into threats
and applications, along with advance insight into the resiliency of an
organization’s IT infrastructure under operationally relevant conditions and
malicious attacks.

BreakingPoint’s network processor-based simulation and
testing platform creates application and live attack traffic at Internet-scale.

The company claims that enterprises, service providers,
and government agencies worldwide depend on BreakingPoint’s products to
battle-test wired and wireless infrastructures, deploy compact cyber ranges,
optimize network and data center systems, and transform security processes to
be proactive and effective.

“The use of disparate testing tools, threat
intelligence, and monitoring products allows dangerous security vulnerabilities
that erode the security posture of businesses and government agencies. By
leveraging BreakingPoint with Ixia’s integrated portfolio of proven network
test products, customers will have available to them an end-to-end solution to
help ensure business continuity for enterprises and government
organizations,” said Vic Alston, Ixia’s president and chief executive

BreakingPoint grew revenue over 40 percent in calendar
2011 to $33.5 million while generating gross margin of 87 percent for the year.

For calendar 2012, Ixia expects BreakingPoint’s revenue
to again grow by more than 40 percent.

“As a leader in cyber security research, BreakingPoint
has built a library of more than 34,000 attacks, exploits, malware, and
more,” said Dennis Cox, co-founder and chief technology officer of

Ixia also updated its revenue guidance for the second
quarter of 2012 to a range of $87 million to $89 million for its core business.
This compares to the previously stated guidance of $86 million to $89 million.

Recently, Ixia acquired Anue Systems.

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