Riverbed to acquire Opnet in $1B deal

The deal will help Riverbed expand into application performance management

Riverbed Technology will acquire Opnet Technologies for about US$1 billion, the two companies said Monday.

Riverbed said the acquisition will enable it to expand its network performance management business into the application performance management market.

The deal will see Riverbed pay $43 per share to Opnet shareholders, divided into $36.55 in cash and 0.2774 percent of a share of Riverbed common stock. Riverbed said the deal is expected to close by the end of this year.

"This acquisition also transforms Riverbed into a billion-dollar revenue company," Jerry Kennelly, Riverbed's chairman and CEO, said in a statement.

The announcement came as Opnet announced its earnings for the quarter from July to September. It said quarterly revenue was $47 million, a jump from $42 million in the same quarter last year.

Martyn Williams covers mobile telecoms, Silicon Valley and general technology breaking news for The IDG News Service. Follow Martyn on Twitter at @martyn_williams. Martyn's e-mail address is martyn_williams@idg.com

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags business issuesTraffic managementOpnet TechnologiesNetworkingRiverbed TechnologysoftwareMergers and acquisitionssystem managementmanagement

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Martyn Williams

IDG News Service
Show Comments

Most Popular Reviews

Deals on Good Gear Guide

Deals on Good Gear Guide


Latest News Articles


GGG Evaluation Team

Kathy Cassidy


First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni


For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell


The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi


The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott


My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.


Latest Jobs


Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?