And half of our players had been knocked out of the club championship, heads were down, we had the injuries then that had to be dealt with.. The $19.65 per share offer is at a premium of about 8 percent to Ixia’s Friday close and 45 percent higher than the last trading day before Reuters reported in December that Ixia was exploring a sale.The deal comes as the increasing volume of data traffic flowing through social media, smartphones and cloud computing tests the resilience and integrity of networks, making Ixia’s equipment and applications more popular with its clients and coveted by its peers.”The addition of Ixia will allow Keysight to grow faster,” Keysight CEO Ron Nersesian told investors on a conference call, referring to Ixia’s 80 percent gross margins.Ixia makes equipment that monitors and tests networks so enterprise customers can have their data travel smoothly without bottlenecks. Its customers include the world’s No. Ixia would be its largest acquisition since it bought Britain’s Anite Plc, a company that tests handsets and telecom networks, for about $600 million.Shares of Calabasas, California based Ixia were trading nearly 7 percent higher at $19.45 on Monday afternoon while Keysight shares were down 0.2 percent at $36.95.”We don’t expect further bids nor do we see much risk to the deal closing,” Jefferies said in an analyst note on Monday.
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