June 16, 2000
WESTFORD, Mass.--(BUSINESS WIRE)--June 16, 2000--Listen to RadioWallStreet.com's interview with NetScout Systems, Inc. (NASDAQ:NTCT) Chairman and Chief Executive Officer Anil Singhal, and Chief Financial Officer David Sommers, discussing their recent acquisition of NextPoint Networks.
NetScout, a leading provider of network and application performance management solutions, announced its acquisition of NextPoint Networks for $60 million in cash and stock on June 14, 2000. NextPoint is an award-winning developer of network performance and service level management solutions. This acquisition significantly strengthens and expands NetScout's offerings within the enterprise, e-business and service provider markets and positions the company as a "one-stop shop" for e-business network performance management.
About NetScout Systems, Inc.
NetScout Systems, Inc. (NASDAQ: NTCT) is a leading provider of network and application performance management solutions. NetScout's solutions ensure e-business applications stay up and running at optimum performance through real-time, system-wide visibility and actionable information for fault isolation. NetScout's products are deployed worldwide in industries such as e-commerce, finance, healthcare, government, manufacturing and others. NetScout serves approximately half of the Fortune 500 and counts among its customers 3M Corporation, AT&T, Datek Online, Bristol-Myers Squibb, Amazon.com, Webhire, Intel Online, Fidelity Investments, Xerox and Sun Microsystems.
NetScout's unique Application Flow Management (AFM) technology collects and presents the rich set of application and Web traffic information via NetScout's application-aware instrumentation and reporting and analysis software. Headquartered in Westford, Massachusetts, NetScout has approximately 250 employees and offices in North America, Europe and Asia. Further information on the company is available on the World Wide Web at www.netscout.com
About Investor Broadcast Network
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