Riverbed to acquire Opnet for about $1 bln

Mon Oct 29, 2012 8:39am EDT

Oct 29 (Reuters) - Network gear maker Riverbed Technology Inc said it will buy Opnet Technologies Inc, which makes software to manage traffic on networks, for about $1 billion.

The $43 per share cash-and-stock offer represents a 34 percent premium, based on the stocks' Friday close.

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