Tuesday, October 10, 2017

Ixia's Parent Firm, Keysight Technologies, Hit By Fires

Keysight Technologies, the parent company of Calabasas-based Ixia, has been hit by the devastating fires in Santa Rosa, California, and has shut down its headquarters while it attempts to figure out what kind of damage was sustained at the location. Keysight acquired Ixia in January of this year for $1.6 billion. According to Keysight, all four of its main buildings appear to be intact, although two modular structures and several automobiles suffered "more extensive damage". The company did not have access to the property last night due to ongoing firefighting efforts. News ">reports showed buildings and cars burning in the Keysight office park. The sudden firestorm left at least 10 dead and hundreds missing, and completely obliterated entire city blocks in Santa Rosa, where Keysight is headquartered.