contents

business
 
NetScout Completes Acquisition of Network General

NetScout Systems has finalized the acquisition of privately-held Network General Corporation, a specialist in packet-level network analysis and data mining. NetScout will immediately begin executing the planned integration of the two companies' technologies and operations.

The transaction will be valued at approximately $206 million for purchase accounting purposes. The acquisition was financed with a combination of 6 million shares of NetScout common stock, $100 million of NetScout debt securities, and $50 million in cash, subject to adjustments. Affiliates of Silver Lake Partners, TPG and Integral Capital Partners provided the debt financing and became NetScout stockholders. In addition, representatives of Silver Lake Partners and TPG will join NetScout's board of directors.



write your comments about the article :: © 2007 Networking News :: home page