OPNET: Removes $1B From Riverbed's Coffers
Application performance management (APM) specialist OPNET Technologies struck gold with the news that it would be acquired by Riverbed in a deal valued at $1 billion.
Not bad for a company with 2012 revenue of $173 million and falling profits.
For Riverbed, the acquisition is an opportunity to quickly get up to speed in a market in which it had little presence but which has the potential for fast growth, especially in cross-sell situations with its core WAN optimization technology.
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