Riverbed Technology RVBD, the performance company, and OPNET
Technologies, Inc. OPNT, the leading provider of solutions for
application and network performance management, today 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 annualized revenue.
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