Ixia (XXIA)

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Forbes Names Ixia One of the Fastest Growing Tech Companies
Ixia ranks No. 14 on the annual list of 25 top growing technology companies, recognizing its mission to help customers deliver an always-on user experience

CALABASAS, Calif., Jun 11, 2013 (BUSINESS WIRE) --

Ixia XXIA +1.36% was recently named No. 14 on Forbes magazine's annual list of "America's Fastest Growing Tech Companies." With its expanded product offerings and addressable markets, as well as its acquisitions of Anue Systems and BreakingPoint Systems, Ixia has evolved to provide comprehensive solutions that test, assess and monitor the health of enterprise and service provider networks.

"We are thrilled to be included on the list of 'America's Fastest Growing Tech Companies,' and we look forward to seeing this continued growth as we expand our offerings to help customers deliver an always-on user experience," said Vic Alston, President and CEO of Ixia. "This is a direct result of the commitment and dedication of our employees across the globe who create innovative technologies and offer the stellar service that continues to help Ixia grow and evolve."

Ixia's strong history of excellence in network assessment and testing was bolstered with the 2012 additions of Anue Systems' ability to provide visibility into physical and virtual networks and BreakingPoint Systems' capability to battle-test networks for vulnerabilities. Ixia continues to expand with innovative solutions that give its customers the actionable insights needed to validate and harden their networks.

To determine the "America's Fastest Growing Tech Companies" list, Forbes researched more than 2,100 publicly traded tech firms, selecting only profitable firms with a minimum revenue of $150 million and a market cap of at least $500 million. Companies honored on the list all have sales growth of at least 10 percent for each of the past three fiscal years and over the last 12 months, as well as estimated earnings growth above 10 percent over the next three to five years. The list is then ranked by three-year average sales growth rate.

About Ixia

Ixia develops amazing products so its customers can connect the world. Ixia helps its customers provide an always-on user experience through fast, secure delivery of dynamic, connected technologies and services. Through actionable insights that accelerate and secure application and service delivery, Ixia's customers benefit from faster time to market, optimized application performance and higher-quality deployments. Learn more at http://www.ixiacom.com.

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SOURCE: Ixia
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