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:
- March 2001: NetMaker Division of Make Systems
- January 2002: WDM NetDesign B.V.B.A
- October 2004: Altaworks Corporation
- October 2007: substantially all of the assets of Network Physics, Inc.
- August 2010: DSAuditor product line from Embarcadero Technologies
- May 2012: Clarus Systems, Inc.
As an independent company, OPNET grew profitably[6] [7] throughout its history. SEC filings are available with further information about its IPO, annual reports,[8] and quarterly reports.[9]
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.[10]
External links
Notes and References
- https://www.sec.gov/Archives/edgar/data/1108924/000092838500001869/0000928385-00-001869.txt#:~:text=match%20at%20L729%20,full%2C%20the%20number%20of%20shares OPNET Technologies, Inc. Announces Initial Public Offering of 4.0 Million Shares of Common Stock at $13.00 Per Share
- Martyn Williams, Network World. "Riverbed to acquire Opnet in $1B deal." Oct 30, 2012. Retrieved Dec 12, 2012.
- Nathan Eddy, eWeek. "Riverbed Boosts APM Abilities With Opnet Acquisition." Oct 30, 2012. Retrieved Dec 12, 2012.
- Jon Gold, Network World. "Riverbed's billion-dollar Opnet buy could pay off big, analysts say." Nov 1, 2012. Retrieved Dec 13, 2012.
- https://web.archive.org/web/20140522215532/http://www.riverbed.com/about/news-articles/press-releases/riverbed-to-acquire-opnet-technologies-inc.html Riverbed to Acquire OPNET Technologies, Inc
- 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 . September 21, 2006 . Businesswire (Internet Archive) . July 5, 2017 . https://web.archive.org/web/20170705065922/http://www.businesswire.com/news/home/20060921005648/en/OPNET-Named-List-Worlds-Successful-Software-Companies . 5 July 2017 .
- Web site: 2009-01-06 . Honor Roll . 2025-02-25 . https://web.archive.org/web/20090106235003/http://www.capehornstrategies.com./honor_roll.htm . 6 January 2009 .
- Web site: Form 10-K . 2016-03-02 . www.sec.gov.
- Web site: Form 10-Q . 2016-03-02 . www.sec.gov.
- Web site: Supportcenter . community.riverbed.com. 2024-06-12 .
