Anue's Net Tool Optimizer aggregates and filters network traffic to help optimize network monitoring tool usage. Anue grew revenues 51 percent in 2011 to $40.5 million and generated gross margins of 83 percent for the year. Ixia expects this transaction to be accretive to non-GAAP earnings beginning in the third quarter of 2012.
"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.
With the acquisition of Anue, Ixia said that it will become a leading player in the rapidly growing network visibility market -- a market that is growing over 30 percent per year and will enhance Ixia's service provider presence and create new opportunities among enterprise customers.
The terms of the agreement were unanimously approved by the boards of directors of both Ixia and Anue
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