Ixia’s IxFinancing™ to Offer Competitive Rates through Leasing Partner, De Lage Landen (DLL)

Ixia™ (NASDAQ: XXIA), a leading, global provider of IP performance test systems, today announced that it is offering a long-term leasing option to its customers, enabling them to conserve capital budgets even as they upgrade their testing technology. The IxFinancing™ program offers competitive leasing rates through Ixia’s partner, De Lage Landen (DLL), headquartered in Eindhoven, the Netherlands – a global provider of high-quality asset-based financing products to manufacturers and distributors of capital goods.

Value of IxFinancing

“Ixia’s leasing program will enable our customers to finance up to 100 percent of equipment costs, plus ‘soft costs’ in the lease, including training and professional services,” said Jim Smith, vice president of Sales, Ixia. “This will benefit all kinds of companies – start-ups and enterprises with limited budgets as well as larger customers who find themselves at the end of a budget cycle and need to quickly fill a gap in their testing.”

“We’re extremely pleased to partner with Ixia, and we look forward to expanding our capabilities into this new market space,” said Rick Trobman, director, Global Program Management, Technology Finance at DLL.

Chelsio Communications Takes Advantage of IxFinancing

Chelsio Communications of Sunnyvale, California, a leading provider of 10 Gigabit Ethernet (10 GbE) adapters and ASIC solutions, took advantage of IxFinancing in order to continue the expansion of its 10 GbE testing capability with the purchase of Ixia’s high-performance XM12 chassis and 10 GbE load modules.

“Chelsio Communications is known for its robust, high-performance unified wire technology and we can’t let budget constraints during a tight economy stop development and verification of our products,” said Kianoosh Naghshineh, president and CEO of Chelsio.