Sunday, June 26, 2011

Ixia to Acquire VeriWave for Wireless Testing

Ixia agreed to acquire VeriWave, a performance testing company for wireless LAN (WLAN) and Wi-Fi enabled smart devices, for an undisclosed sum.

VeriWave wireless test solutions validate Wi-Fi networks, smart devices, and applications by benchmarking and measuring speed, quality, interoperability, compliance, and other pivotal aspects of wireless performance.

Investors in VeriWave include US Venture Partners, Montlake Capital, TL Ventures, Woodside Fund and Alloy Ventures.

  • The VeriWave team is headed by Christopher DeMonico, Chief Executive Officer, who previously was Vice President of AT&T’s- Microelectronics Group and Vice President of Lucent Technologies- IC Group. In addition he was also a Vice President and Corporate Officer at PMC-Sierra. The VeriWave technical team is headed by
    Dr. Thomas Alexander, Chief Technology Officer, who most recently was the chief architect for Ethernet products for PMC-Sierra. He is active in communications standards being the editor for the IEEE 802.3ae 10G Ethernet standard, the Chief Editor, IEEE 802.17 and the technical editor, 802.11T.