Keysight Technologies to buy Ixia for $1.6 billion

Keysight Technologies Inc , a provider of software and equipment to the electronics industry, said on Monday it would buy U.S. data technology company Ixia for about $1.6 billion in cash in a bid to increase its software and security portfolio. The $19.65 per share offer is at a premium of about 8 percent to Ixia's Friday close and 45 percent higher than the last trading day before Reuters reported in December that Ixia was exploring a sale. The deal comes as the increasing volume of data traffi