Keysight Technologies, Ixia Announce Receipt of Final Regulatory Clearance for Keysight’s Acquisition of Ixia—Acquisition...
13 Avril 2017 - 10:37PM
Business Wire
Keysight Technologies, Inc. (NYSE: KEYS) and Ixia (Nasdaq: XXIA)
today announced that clearance under the antitrust laws of Russia
for the previously announced acquisition of Ixia by Keysight has
been received, which follows the early termination of the waiting
period under the Hart-Scott-Rodino Antitrust Improvements Act of
1976, clearance under the antitrust laws of Germany and Israel and
approval of the acquisition by Ixia’s shareholders. Subject to
satisfaction of the remaining closing conditions, the companies
expect the closing of the acquisition to occur on April 18,
2017.
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About Keysight Technologies
Keysight Technologies (NYSE: KEYS) helps customers bring
breakthrough electronic products and systems to market faster and
at a lower cost. Keysight’s solutions go where the electronic
signal goes, from design simulation, to prototype validation, to
manufacturing test, to optimization in the network. Customers span
the worldwide communications ecosystem, internet infrastructure,
aerospace & defense, automotive, semiconductor and general
electronics end markets. More information is available at
www.keysight.com.
About Ixia
Ixia (Nasdaq: XXIA) provides testing, visibility, and security
solutions, strengthening applications across physical and virtual
networks for enterprises, service providers, and network equipment
manufactures. Ixia offers companies trusted environments in which
to develop, deploy, and operate. Customers worldwide rely on Ixia
to verify their designs, optimize their performance, and ensure
protection of their networks to make their applications stronger.
Learn more at www.ixiacom.com.
Forward Looking Statements
This news release contains forward-looking statements as
described in the “safe harbor” provision of the Private Securities
Litigation Reform Act of 1995. These statements involve a number of
known and unknown risks, uncertainties, and other factors, which
may cause actual results, performance, or achievements to differ
materially from anticipated future results, performance or
achievements expressed or implied by such forward-looking
statements. These forward-looking statements regarding future
events and the future results of the companies are based on current
expectations, estimates, forecasts, and projections about the
industries in which Keysight and Ixia operate and the beliefs and
assumptions of their respective management. The forward-looking
statements contained herein include, but are not limited to,
information regarding the ability of Keysight and Ixia to complete
the transactions contemplated by the merger agreement, including
the satisfaction of the conditions to the transactions set forth in
the merger agreement; the plans, strategies and objectives of
management for future operations; product development, product
extensions, product integration, complementary product offerings
and growth opportunities in certain business areas; and customer
expectations. These forward-looking statements involve risks and
uncertainties that could cause results to differ materially from
management’s current expectations. Such risks and uncertainties
include, but are not limited to, the risks and uncertainties
incidental to the technology industry, including price and product
competition; dependence on new product development, technological
advances and innovation; changes in customer demand for Keysight’s
or Ixia’s products and services caused by demographic changes or
other factors; and the possibility that the anticipated synergies
and other benefits from the Ixia acquisition will not be realized,
or will not be realized within the expected time periods. In
addition, other risks that Keysight faces include those discussed
under the heading “Risk Factors” in Keysight’s Annual Report on
Form 10-K for its fiscal year ended Oct. 31, 2016, Keysight’s
Quarterly Report on Form 10-Q for the period ended Jan. 31, 2017.
Other risks that Ixia faces include those discussed under the
heading “Risk Factors” in Ixia’s Annual Report on Form 10-K for its
fiscal year ended Dec. 31, 2016. Keysight and Ixia undertake no
responsibility to publicly update or revise any forward-looking
statements for any reason.
Source: IR-KEYS
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version on businesswire.com: http://www.businesswire.com/news/home/20170413006182/en/
KEYSIGHT EDITORIAL CONTACT:Jeff Weber, +1
707-577-2845jeff_weber@keysight.comorKEYSIGHT INVESTOR
CONTACT:Jason Kary, +1 707-577-6916jason.kary@keysight.comorIXIA
INVESTOR RELATIONS CONTACT:The Blueshirt GroupMaria Riley, +1
415-217-7722Investor Relations
Ixia (NASDAQ:XXIA)
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