Monday, September 15, 2014

Ixia Returns to SEC Compliance, Bethany Mayer Comes Onboard

Ixia is now current in filing all required periodic financial reports with the SEC.  The company is welcoming Bethany Mayer as its new CEO.

Mayer brings over 25 years of technology experience to Ixia and joins the company from HP where she has held several key executive roles since 2010. Most recently, Mayer served as HP’s senior vice president and general manager of its Network Functions Virtualization (NFV) business and led the company’s NFV initiative. Previously, Mayer was senior vice president and general manager of the HP Networking Business unit, where under her leadership the business unit delivered 12 consecutive quarters of growth.

Ixia also reported second quarter 2014 revenue of $109.5 million, compared with $112.0 million reported for the 2013 second quarter and $113.7 million for the 2014 first quarter. The 2014 second quarter revenue includes $13.3 million in revenue from Net Optics, which was acquired in December 2013.

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