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Riverbed To Acquire OPNET Technologies

Acquisition extends Riverbed's network performance management business into high-growth application performance management market.

October 30, 2012 / 11:45 AM IST

Riverbed Technology, the performance company, and OPNET Technologies, Inc., the provider of solutions for application and network performance management, announced that Riverbed has entered into a definitive agreement to acquire OPNET for $43 per share in cash and stock, representing an equity value of $1 billion and an enterprise value of $921 million. The acquisition will enable Riverbed to extend its network performance management (NPM) business into the multi-billion dollar application performance management (APM) market. The combination of Cascade and OPNET will create a new force in the converged market for NPM and APM, with over $250 million in annualised revenue.

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first published: Oct 30, 2012 11:33 am

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