Wednesday, September 19, 2007

NetScout to Acquire Network General for $205 Million

NetScout Systems agreed to acquire Network General, a supplier of software and appliances that proactively monitor and manage IT infrastructure and network elements, for approximately $205 million in cash, stock, and debt transactions. Network General is a privately held company based in San Jose, California.

NetScout (NASDAQ: NTCT) specializes in network and service assurance solutions for large enterprises, government agencies, and service providers. Its "nGenius" Performance Management System helps to increase service levels to the end users by reducing or preventing service disruptions.

NetScout said the acquisition furthers its vision of providing superior network-based performance management based on a KPI (key performance indicator)/Flow/Packet paradigm.

The acquisition, subject to customary closing conditions and regulatory approvals, is expected to be completed by early November. Network General employees will become NetScout employees, and the newly combined entity will be headquartered in Westford, Massachusetts.


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