Summary of IXIA - Yahoo! Finance

Item 2.01 Completion of Acquisition or Disposition of Assets
On October 30, 2009, Ixia, a California corporation ("Ixia" or the "Company"), completed the acquisition (the "Acquisition") of substantially all of the assets of Agilent Technologies, Inc., a Delaware corporation ("Agilent"), and its affiliates that relate to the design, development, research, manufacture, supply, distribution, sale, support and maintenance of the Agilent N2X and Agilent Network Tester products and the provision of services relating to such products (the "Business"). At the closing, Ixia paid a cash purchase price of $44,075,000, subject to a post-closing working capital adjustment, and assumed certain liabilities of Agilent relating to the Business. The Acquisition was consummated pursuant to the terms of an Asset Purchase Agreement dated as of October 21, 2009 (the "Asset Purchase Agreement") between Ixia and Agilent.
The foregoing description of the Acquisition does not purport to be complete and is qualified in its entirety by reference to the Asset Purchase Agreement, which is filed as Exhibit 2.1 hereto and incorporated by reference into this Current Report on Form 8-K (this "Form 8-K"). Item 9.01 Financial Statements and Exhibits
(a) Financial Statements of Businesses Acquired.

The financial statements required by Item 9.01(a) will be filed by amendment to this Form 8-K no later than 71 calendar days after the date on which this Current Report on Form 8-K is required to be filed with the Securities and Exchange Commission (the "SEC").

(b) Pro Forma Financial Information.

The pro forma financial information required by Item 9.01(b) will be filed by amendment to this Form 8-K no later than 71 calendar days after the date on which this Current Report on Form 8-K is required to be filed with the SEC.

(d) Exhibits

Exhibit No.                                 Description

    2.1       Asset Purchase Agreement, dated October 21, 2009, by and between Ixia
              and Agilent Technologies, Inc. (pursuant to Item 601(b)(2) of
              Regulation S-K, schedules to the Asset Purchase Agreement have been
              omitted; schedules will be supplementally provided to the SEC upon
              request) (incorporated by reference to Exhibit 2.1 to the Company's
              Current Report on Form 8-K (File No. 000-31523) filed with the SEC on
              October 27, 2009).

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