Riverbed swoops on OPNET in billion dollar deal

IT performance company Riverbed Technology has bought OPNET Technologies in a deal estimated to be worth $1 billion in equity and $921 million in enterprise value

IT performance company Riverbed Technology has announced the acquisition of OPNET Technologies in a share buying deal estimated to be worth $1bn (£621m) in equity and $921m in enterprise value.

The move comes as Riverbed attempts to extend its reach from network performance into the application performance market by bringing OPNET’s family of products into the Riverbed fold. The acquisition enables Riverbed to provide its customers with a product portfolio that monitors and accelerates both network and application performance.

contractJerry Kennelly, chairman and CEO, Riverbed claims the move will establish Riverbed as, “the clear leader in the high-growth and converging application and network performance management markets.”

OPNET will be folded into Riverbed’s Cascade unit, which produces network performance management technologies designed to enhance performance across different IT networks architectures ranging from traditional, desktop- and server-virtualised infrastructures to software-defined networks.

Network and application performance management are becoming increasingly intertwined with enterprises seeking products that can manage both network and application performance management.

Riverbed will be able to see inside and understand applications at a much more granular level with greater visibility into the overall operation of an application within the data center and across the network.

The deal also makes Riverbed the only vendor that addresses application performance issues with WAN optimization, application delivery controllers (ADCs), network performance management and application performance management.

The acquisition is slated to transform Riverbed into a billion dollar revenue operation with the company expecting $250m annual revenues from the deal.

Image credit: Siri Stafford



Find more MicroScope+ content and other member only offers, here.

Start the conversation

Send me notifications when other members comment.

By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

Please create a username to comment.



  • How machine learning is applied in industrial IoT

    GE Digital calls for the need to build industrial machine learning systems that are cognizant of the effects of a good and bad ...

  • CIO Trends #6: Nordics

    In this e-guide, read how the High North and Baltic Sea collaboration is about to undergo a serious and redefining makeover to ...

  • CIO Trends #6: Middle East

    In this e-guide we look at the role of information technology as the Arabian Gulf commits billions of dollars to building more ...