NetScout to acquire Network General for $205 mln

Thu Sep 20, 2007 5:21am EDT
 
[-] Text [+]

NEW YORK, Sept 20 (Reuters) - NetScout Systems Inc (NTCT.O) said on Thursday it agreed to buy privately held Network General Corp for about $205 million in a combined cash, stock, and debt transaction.

NetScout said for fiscal 2009, the combined company will about double NetScout's current revenue rate. (Reporting by Lewis Krauskopf, editing by Paul Bolding)

 

Companies In This Article

Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better