IXIA (NASDAQ:XXIA) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.
Shareholders (the Special Meeting). Set forth below is a brief
description of each matter voted upon at the Special Meeting, and
the voting results with respect to each such matter. Each of
these matters is further described in the Companys proxy
statement for the Special Meeting filed with the Securities and
Exchange Commission on March 14, 2017.
notice of, and to vote at, the special meeting, 83,201,627 shares
of the Companys Common Stock were issued and outstanding. The
holders of 69,204,160 shares of the Companys Common Stock were
present at the special meeting, either in person or represented
by proxy, constituting a quorum.
as of January 30, 2017, as may be amended from time to time (the
Merger Agreement), by and among the Company, Keysight
Technologies, Inc., a Delaware corporation (Keysight), and, by a
joinder dated February 2, 2017, Keysight Acquisition, Inc., a
California corporation and a wholly owned subsidiary of Keysight
(Merger Sub), to which Merger Sub will be merged with and into
the Company, with the Company surviving the merger (the Merger)
as a wholly owned subsidiary of Keysight, as well as the
principal terms of the Merger (the Merger Proposal):
|
Votes For
68,894,381
|
Votes Against
5,420
|
Abstentions
304,359
|
Broker Non-Votes
|
if necessary or appropriate, to solicit additional proxies if
there were insufficient votes at the time of the Special Meeting
to approve the Merger Proposal.
appropriate because there was a quorum present and there were
sufficient votes at the time of the Special Meeting to approve
the Merger Proposal. Accordingly, no vote was taken on this
proposal.
certain compensation that will be paid or may become payable to
our named executive officers in connection with the Merger, as
disclosed to Item 402(t) of Regulation S-K in the proxy
statement:
|
Votes For
60,585,406
|
Votes Against
8,205,310
|
Abstentions
413,444
|
Broker Non-Votes
|
shareholders (i) approved the Merger Proposal, and (ii) approved,
on a non-binding, advisory basis, certain compensation that will
be paid or may become payable to our named executive officers in
connection with the Merger, as disclosed to Item 402(t) of
Regulation S-K in the proxy statement.
About IXIA (NASDAQ:XXIA)
Ixia is a provider of physical and virtual network application performance and security resilience solutions. The Company’s product solutions consist of its hardware platforms, software applications and services, including warranty and maintenance offerings and professional services. The Company helps its customers to validate the performance and security resilience of their applications and networks. The Company offers network test hardware platforms with interchangeable interfaces, using a common set of applications and Application Programing Interfaces (APIs). The Company provides its solutions to network equipment manufacturers (NEMs), service providers, and enterprise and government organizations. The Company’s product solutions consist of its hardware platforms, such as chassis, interface cards and appliances, software application tools, and services, including its warranty and maintenance offerings and professional services. IXIA (NASDAQ:XXIA) Recent Trading Information
IXIA (NASDAQ:XXIA) closed its last trading session up +0.02 at 19.65 with 182,864 shares trading hands.