OPNET

Last updated
OPNET Technologies, Inc.
Company typeFormerly Public Company, NASDAQ:OPNT
Industry Computer software, Computer hardware, Network and Application Management
Founded1986
Headquarters
Bethesda, Maryland
,
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.
RevenueIncrease2.svg US$ 173 million (FY-12)
Increase2.svg US$ 18 million (FY-12)
Number of employees
Approximately 700 (2012)
Website www.opnet.com

OPNET Technologies, Inc. was a software business that provided performance management for computer networks and applications.

Contents

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:

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)

Product status

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

Notes

  1. 1 2 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". www.sec.gov. Retrieved 2016-03-02.
  8. ↑ "Form 10-Q". www.sec.gov. Retrieved 2016-03-02.
  9. ↑ "Supportcenter". community.riverbed.com. Retrieved 2024-06-12.

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