OPNET explained

OPNET Technologies, Inc.
Type:Formerly Public Company, NASDAQ:OPNT
Location City:Bethesda, Maryland
Location Country:USA
Key People:Marc A. Cohen, CEO & Chairman;
Alain J. Cohen, CTO & President;
Mel Wesley, CFO;
Erika Durrington, SVP;
Yev Gurevich, SVP;
Todd Kaloudis, SVP;
Joseph Lenz, SVP;
PJ Malloy, SVP;
Dennis McCoy, SVP;
Alberto Morales, SVP;
Carol Nakhuda, SVP;
Pradeep Singh, SVP;
Edward Sykes, SVP.
Industry:Computer software, Computer hardware, Network and Application Management
Revenue: US$ 173 million (FY-12)
Net Income: US$ 18 million (FY-12)
Num Employees:Approximately 700 (2012)
Homepage:www.opnet.com
Foundation:1986

OPNET Technologies, Inc. was a software business that provided performance management for computer networks and applications.

The company was founded in 1986 and went public in 2000.[1] In October 2012, OPNET was acquired by Riverbed Technology, for about $1 billion US dollars.[2] [3] [4] [5]

Corporate history

"OPNET" was Alain Cohen's (co-founder, CTO & President) graduate project for a networking course while he was at MIT. OPNET stood for Optimized Network Engineering Tools. Alain, along with brother Marc (co-founder, CEO & Chairman) and classmate Steven Baraniuk, decided to commercialize the software. The company's first product was OPNET Modeler, a software tool for computer network modeling and simulation.

Since becoming a public company in August 2000, OPNET executed the following acquisitions:

As an independent company, OPNET grew profitably[6] throughout its history. SEC filings are available with further information about its IPO, annual reports,[7] and quarterly reports.[8]

OPNET Solutions (prior to acquisition by Riverbed)

Product status

As of 2022, Riverbed discontinued sales of 'Riverbed Modeler', which was the new name for the former OPNET modeling software.[9]

External links

Notes and References

  1. http://www.nasdaq.com/markets/ipos/filing.ashx?filingid=1220486 OPNET Technologies, Inc. Announces Initial Public Offering of 4.0 Million Shares of Common Stock at $13.00 Per Share
  2. Martyn Williams, Network World. "Riverbed to acquire Opnet in $1B deal." Oct 30, 2012. Retrieved Dec 12, 2012.
  3. Nathan Eddy, eWeek. "Riverbed Boosts APM Abilities With Opnet Acquisition." Oct 30, 2012. Retrieved Dec 12, 2012.
  4. Jon Gold, Network World. "Riverbed's billion-dollar Opnet buy could pay off big, analysts say." Nov 1, 2012. Retrieved Dec 13, 2012.
  5. http://www.riverbed.com/about/news-articles/press-releases/riverbed-to-acquire-opnet-technologies-inc.html Riverbed to Acquire OPNET Technologies, Inc
  6. OPNET Named to List of World's Most Successful Software Companies; Independent Industry Analyst Report Ranks OPNET as One of Seven Public Software Companies with Eleven or More Consecutive Years of Growth and Profitability Business Wire. www.businesswire.com. 2016-03-02.
  7. Web site: Form 10-K. www.sec.gov. 2016-03-02.
  8. Web site: Form 10-Q. www.sec.gov. 2016-03-02.
  9. Web site: Supportcenter . community.riverbed.com. 2024-06-12 .