Tuesday, September 16, 2014

Ixia Files Financial Results, Finally

Calabasas-based Ixia, the developer of network test equipment and software, has filed its second quarter 2014 financial results, along with quarterly reports for its second quarter of 2014, bringing it into compliance with its SEC filings, the company said late Monday. The company said it is now current in filing all required periodic financial reports with the SEC. Ixia had been struggling to put its financial house in order after the surprise departure of its former CEO and subsequent accounting investigation, after the company discovering he had fabricated his educational background. According to Ixia, effective today, Bethany Mayer will join the company as President and CEO. Mayer, a veteran of HP, Blue Coat Systems, Cisco Systems, and Apple Computer, had been named CEO of the firm in August, effective only when the company became current with its SEC filings.

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