Monday, July 2, 2012

BreakingPoint Systems Acquired By Ixia

Austin-based BreakingPoint Systems, the developer of network testing equipment headed by Des Wilson, has been acquired by network testing company Ixia, in a deal worth $160M. According to Ixia, the acquisition will help provide it with an end-to-end solution for monitoring, testing, and optimizing converged networks. BreakingPoint was venture backed by Austin Ventures and Genesis Inventions.