Netscout Acquired Network General

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Information about Netscout Acquired Network General

Published on September 20, 2007

Author: gigamon



Netscout (publicly traded under the symbol NTCT on NASDAQ and with a market capitalization of $300 million) announced today that they have acquired Network General (aka NGC, a private company).

They announced that the purchase price is $205 million which makes sense since on August 1st, NetScout did file with the SEC to sell “up to $120 million in common and preferred stock, debt securities and warrants … for general corporate purposes, including working capital, research and development, strategic transactions and acquisitions of complementary businesses.”

For those of us who have been with the industry for the past fifteen plus years and watched how the two companies have competed fiercely in the marketplace, this is a significant event. Moreover, for those of us who have insights into the history of the two companies, this latest episode is very entertaining if not at least interesting; and unfortunately for some, this could even be personal.

Network General Inc. Founded in 1987 1998 McAfee purchased Network General and renamed Network Associates Network General spun off from Network Associates - independent again in 2005 The History of Network General and NetScout Bought ProTools in 1992 RMON operation closed within the year - not a successful acquisition ! Passed on Frontier Networks (became NetScout !) X 2007 Acquisition

NetScout Acquired Network General Click below to read comments from industry veterans http: //LoveMyTool .com

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