Feeds

Riverbed to slurp Opnet for cool $1 billion

Management software, comfort food for a tough economy

Securing Web Applications Made Simple and Scalable

Network gear manufacturer Riverbed Technology is about to slurp software firm Opnet Technologies for a cool $1bn.

Opnet's software manages traffic on networks, an area of the industry that has held steadier than orders for network hardware.

Like everyone else in the world, telcos are tightening their belts and waiting for the global turnaround to start feeling a lot more like it's actually happening before spending any big money on network gear. But network management software is still doing well as the telcos try to milk the most out of their Wide Area Networks.

Riverbed already has WAN optimisation products but adding Opnet stuff will strengthen the firm in that market.

The network company said it hoped to close the acquisition by the end of this year. With Opnet on board, Riverbed is expecting its 2013 revenue to exceed $1bn.

“The addition of Opnet establishes Riverbed as the clear leader in the high-growth and converging application and network performance management markets,” Jerry Kennelly, chief of Riverbed, said in a canned statement. “This acquisition also transforms Riverbed into a billion dollar revenue company." ®

Build a business case: developing custom apps

More from The Register

next story
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.