Friday, August 24, 2012
BreakingPoint System Acquisition Completes
It's official--Austin-based BreakingPoint Systems is now officially part of network testing products firm Ixia, according to Ixia this morning. The acquisition of the firm--which was venture backed by Austin Ventures and Genesis Inventions--was originally announced in July, and was worth $160M in cash. BreakingPoint was headed by Des Wilson. BreakingPoint's products are used to push network systems before deployment, to uncover issues, and figure out how they perform under high load or under malicious attacks.