JDS Uniphase (JDSU) is acquiring Network Instruments, a provider of network analysis/performance monitoring hardware for enterprises and data centers, for $200M in cash. The deal is expected to close within 45 days. (PR)
Network Instruments competes with Riverbed's (RVBD) Opnet unit and NetScout (NTCT), among others; the deal could rekindle M&A hopes for the latter. Network Instruments had revenue of $40M over the last 12 months, and (per JDS) addresses $1B+ worth of markets growing at a 13% clip.
JDS asserts Network Instruments' products complement its carrier-focused network analysis/monitoring products, and will help it create new offerings as "enterprise and carrier network performance management requirements converge."
JDSU +0.7% premarket
Subscribe for full text news in your inbox