LOGO
LOGO

Breaking News

Riverbed Technology Completes Acquisition Of OPNET Technologies - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

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.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.