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Riverbed closes OPNET acquisition

21 Dec 12

Riverbed Technology has closed its acquisition of OPNET Technologies, with the deal aimed at propelling company to the leader of the converging application and network performance management markets.

The deal sees Riverbed Cascade business unit and OPNET combined into the new Riverbed Performance Management business unit, led by GM Paul Brady.

“We are excited by the opportunity created by joining the Riverbed team,” says Marc Cohen, Chairman and CEO, OPNET.

“In addition to joining a world-class technology company that has a clear vision of the importance of APM, we now have the opportunity to bring our market-leading APM solutions to the global Riverbed distribution channel.”

Riverbed says the acquisition builds on their "strong heritage and experience in delivering solutions that improve the performance of technology for business."

“Customer satisfaction, employee productivity, business agility, and the bottom line all hinge on business-critical applications working as expected,” says Jerry Kennelly, Chairman and CEO, Riverbed.

“The application and the underlying infrastructure on which it runs are tightly coupled, but previously were managed in fragmented technology silos.

"Through the OPNET acquisition, Riverbed is the only company that provides customers with the solutions needed to manage and optimise all aspects of both application and network performance in a single portfolio of products, ensuring high performance, very fast problem resolution, and an enhanced end-user experience.”