logo
Share SHARE
FONT-SIZE Plus   Neg

Riverbed Technology Completes Acquisition Of OPNET Technologies - Quick Facts

Riverbed Technology (RVBD) announced that it has closed its acquisition of OPNET Technologies Inc. (OPNT). The company said that the Riverbed Cascade business unit and OPNET will be combined into the new Riverbed Performance Management business unit and will be led by General Manager Paul Brady.

In October 2012, Riverbed Technology had entered into a definitive agreement to acquire OPNET Technologies, a provider of solutions for application and network performance management, for $43 per share in cash and stock. The deal represented an equity value of $1 billion and an enterprise value of $921 million.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Social media app Snapchat has introduced a new location service, Snap Map, that will allow users of the app to see the location of all their friends on a map. The new feature will essentially allow a user to see where his friends are hanging out and what they are up to and also share his own location with friends in real time. The U.S. has suspended all imports of fresh beef from Brazil due to recurring concerns about the safety of the products. The suspension of shipments from Brazil, the fifth largest exporter of beef to the U.S., will remain in place until the Brazilian Ministry of Agriculture takes corrective action, the U.S. Department of Agriculture or USDA said in a statement. The annual Federal stress test was cleared by 34 top banks. The result shows strong capital levels and the ability of large banks to remain capitalized even in stressed situations. The Federal Reserve noted that these banks will be able to lend to households and businesses even at severe recession and throughout the economic cycle.
comments powered by Disqus
Follow RTT