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