Company:OPNET

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Short description: Software company
OPNET Technologies, Inc.
TypeFormerly Public Company, NASDAQ:OPNT
IndustryComputer software, Computer hardware, Network and Application Management
Founded1986
Headquarters
Bethesda, Maryland
,
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.
RevenueIncrease US$ 173 million (FY-12)
Increase US$ 18 million (FY-12)
Number of employees
Approximately 700 (2012)
Websitewww.opnet.com

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] throughout its history. SEC filings are available with further information about its IPO,[1] annual reports,[7] and quarterly reports.[8]

OPNET Solutions (prior to acquisition by Riverbed)

Notes

  1. 1.0 1.1 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. Riverbed to Acquire OPNET Technologies, Inc. Oct 29, 2012. Retrieved Dec 13, 2012.
  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 (Press release). Retrieved 2016-03-02.
  7. "Form 10-K". https://www.sec.gov/Archives/edgar/data/1108924/000119312512263679/d308852d10k.htm. 
  8. "Form 10-Q". https://www.sec.gov/Archives/edgar/data/1108924/000119312512457833/d398587d10q.htm. 

External links