Processing your request


please wait...

Case Page

 

Case Status:    DISMISSED    
On or around 04/25/2017 (Court's order of dismissal)

Filing Date: February 23, 2017

Ixia was a public computer networking company operating in around 25 countries until its acquisition by Keysight Technologies Inc. in 2017.

According to the Complaint, on January 30, 2017, the Board caused Ixia to enter into an agreement and plan of merger (the “Merger Agreement”). Pursuant to the terms of the Merger Agreement, stockholders of Ixia will receive $19.65 per share in cash. On February 15, 2016, Defendants filed a Preliminary Proxy Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

This case was voluntarily dismissed on April 25, 2017.

Protected Content


Please Log In or Sign Up for a free account to access restricted features of the Clearinghouse website, including the Advanced Search form and the full case pages.

When you sign up, you will have the option to save your search queries performed on the Advanced Search form.