StoneCalibre Acquires Handheld Network Test Tools for Wireless and
Wireline Enterprise Networks
WESTFORD, Mass.--(BUSINESS WIRE)--
NETSCOUT
SYSTEMS, INC., (NASDAQ: NTCT), a leading provider of service
assurance, security, and business analytics, announced today that as of
September 14, 2018, it has completed the divestiture of its handheld
network test (HNT) tools business. StoneCalibre has acquired the
portfolio of HNT solutions. Terms of the transaction were not publicly
disclosed.
The HNT portfolio acquired by StoneCalibre includes the LinkSprinter™
Network Tester, LinkRunner™ Network Auto-Tester, OneTouch AT Network
Assistant, AirCheck™ G2 Wireless Tester, and AirMagnet Mobile solutions.
NETSCOUT will work toward a smooth transition for customers, partners,
contractors and suppliers by collaborating with StoneCalibre to provide
a variety of services across a range of functional areas over the next
several months as StoneCalibre completes its carve-out of HNT as a
standalone company in its portfolio.
Mooreland Partners LLC acted as exclusive financial advisor to NETSCOUT
SYSTEMS, INC. in connection with this transaction.
About NETSCOUT
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) assures digital business services
against disruptions in availability, performance, and security. Our
market and technology leadership stems from combining our patented smart
data technology with smart analytics. We provide real-time, pervasive
visibility, and insights customers need to accelerate and secure their
digital transformation. Our approach transforms the way organizations
plan, deliver, integrate, test, and deploy services and applications.
Our nGenius service assurance solutions provide real-time, contextual
analysis of service, network, and application performance. Arbor
security solutions protect against DDoS attacks that threaten
availability and advanced threats that infiltrate networks to steal
critical business assets. To learn more about improving service,
network, and application performance in physical or virtual data
centers, or in the cloud, and how NETSCOUT’s performance and security
solutions, powered by service intelligence can help you move forward
with confidence, visit www.netscout.com
or follow @NETSCOUT and @ArborNetworks on Twitter, Facebook, or LinkedIn.
About StoneCalibre
Headquartered in Los Angeles, CA, StoneCalibre is a privately funded
investment firm specializing in the acquisition of lower middle market
companies. Founded by Brian Wall in 2012, StoneCalibre is focused on
making investments in both special situations and quality long-term
capital investment opportunities. For more information please visit our
website at www.stonecalibre.com.
©2018 NETSCOUT SYSTEMS, INC. All rights reserved. NETSCOUT, the
NETSCOUT logo, Guardians of the Connected World, Adaptive Service
Intelligence, AirCheck, Arbor Networks, the Arbor Networks logo, ATLAS,
InfiniStream, InfiniStreamNG, LinkRunner, LinkSprinter, nGenius,
nGeniusPULSE and nGeniusONE, are registered trademarks or trademarks of
NETSCOUT SYSTEMS, INC., and/or its subsidiaries and/or affiliates in the
USA and/or other countries. Third-party trademarks mentioned are the
property of their respective owners.
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https://www.businesswire.com/news/home/20180917005365/en/
NETSCOUT
Media Contact
Donna Candelori, +1-408-571-5226
Director,
Corporate Communications
donna.candelori@netscout.com
or
Investor
Contact
Andrew Kramer, +1-978-614-4279
Vice President,
Investor Relations
andrew.kramer@netscout.com
Source: NETSCOUT SYSTEMS, INC.