Deals
Riverbed Agrees to Buy Opnet Adding Network Management
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Riverbed Technology Inc. has agreed to acquire Opnet Technologies Inc. in a transaction with an equity value of $1 billion, expanding its offerings to help businesses manage computer networks.
Opnet investors will get about $43 a share, made up of $36.55 in cash and 0.2774 Riverbed shares, the companies said in a statement. That’s about a 34 percent premium over Opnet’s closing price on Oct. 26.