NetScout Systems

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NetScout Systems, Inc.
Public
Traded as NASDAQ: NTCT
Founded 1984
Founder Anil Singhal
Headquarters Westford, Massachusetts[1]
Area served
 Worldwide Install Base
Key people
  • Anil Singhal (CEO, founder)
  • Michael Szabados (COO)
  • Jean Bua (CFO)
  • Ken Boyd (CIO)
  • Jim McNiel (CMO)
  • Bruce Kelley, Jr (CTO)
Revenue Increase US$ 453.67 Million (2014)[2]
Number of employees
 1021 (2015)[1]
Website www.netscout.com

NetScout Systems, Inc. is an American multinational corporation based in Westford, Massachusetts. NetScout (NASDAQ: NTCT) is a market leader in real-time service assurance and cybersecurity solutions for today’s most demanding service provider, enterprise and government networks. NetScout’s Adaptive Service Intelligence (ASI) technology continuously monitors the service delivery environment to identify performance issues and provides insight into network-based security threats, helping teams to quickly resolve issues that can cause business disruptions or impact user experience. NetScout delivers unmatched service visibility and protects the digital infrastructure that supports our connected world.

In July 2015, NetScout acquired the communications business of Danaher Corporation, including Arbor Networks, Fluke Networks, Tektronix Communications and VSS Monitoring.[3]

Network General

NetScout Systems was founded in 1984 as Network General.[1] Network General developed the original network packet sniffer in 1986; it merged with McAfee Associates in 1997 to form Network Associates.[4] NetScout's also created the first Ethernet Probe in 1992.[5] In mid-2004, Network Associates sold off the Sniffer Technologies business to Silver Lake Partners and Texas Pacific Group for $275 million in cash to form Network General.[6] In early 2006, Network General acquired Fidelia Technology, adding the NetVigil Business Service Monitoring technology to their network and application performance analysis tools. In September 2007, Network General agreed to be acquired by NetScout Systems for $205 million.[7]

NetScout Systems

In November 2007, NetScout acquired their Sniffer, Infinistream, and Network Intelligence product lines.[4] Netscout merged both product lines to allow their Performance Manager product to utilize both probes and Infinistream technologies.[8]

In April 2011 NetScout acquired voice and video management company, Psytechnics, from Ipswich U.K.[9] It then acquired Fox Replay NetScout, a privately held Dutch company in 2011,[10] and later that year, after many years of partnering and complementing solutions for network switch port aggregation, NetScout moves directly into competition with its partners by acquiring privately held Simena Networks.[11]

In October 2014, NetScout Systems announced it had entered into a definitive agreement to acquire the Communications business of science and technology company Danaher Corporation for about $2.6 billion. Upon completion of the merger, Danaher's shareholders will own nearly 59.5 percent of the combined company, and NetScout shareholders will own the remaining stake.[12] Analyst firm 451 Research, a technology-industry syndicated research and data firm, predicted in May 2015 that with the acquisition, NetScout will be the largest company in the network visibility management space, with "more than 3,000 employees and well over $1bn a year in revenue".[13]

In July 2015, NetScout finalized its acquisition of the communications business of Danaher Corporation, including Arbor Networks (security systems), Fluke Networks (RF and Wi-Fi network troubleshooting and analytics), Tektronix Communications (traffic inspection, customer experience management and analytics) and VSS Monitoring (network packet brokers).[3] In a prepared statement, Anil Singhal, president and CEO said: “With a broader range of market-leading capabilities and technologies, as well as more extensive, global go-to-market and distribution resources, NetScout will be better positioned to capitalize on the many exciting opportunities we see to further expand our customer relationships around the world. We welcome over 2,000 new colleagues to NetScout and collectively, we are looking forward to realizing the Company’s potential in the marketplace.”

References

Citations

  1. ↑ 1.0 1.1 1.2 Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ 3.0 3.1 Yahoo Business 2015.
  4. ↑ 4.0 4.1 Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  11. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  12. ↑ Bloomberg 2014.
  13. ↑ 451 Research 2015.

Sources

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External links

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