OPNET Technologies (OPNT) Completes Clarus Systems Acquisition
Tweet
Share
E-mailGet Alerts OPNT Hot Sheet
Join SI Premium – FREE
OPNET Technologies, Inc. (Nasdaq: OPNT), has completed the acquisition of Clarus Systems, Inc., a privately held software company headquartered in Redwood City, California. The acquisition expands OPNET's product portfolio for application and network performance management.
The acquisition is expected to be slightly dilutive on a GAAP basis and slightly accretive on a non-GAAP basis for the first quarter of fiscal 2013 ended June 30, 2012, and slightly accretive on a GAAP and a non-GAAP basis for the full fiscal year 2013 ending March 31, 2013. The expected impact for the first fiscal quarter and full fiscal year 2013 are subject to completing the accounting for business combinations.
The acquisition is expected to be slightly dilutive on a GAAP basis and slightly accretive on a non-GAAP basis for the first quarter of fiscal 2013 ended June 30, 2012, and slightly accretive on a GAAP and a non-GAAP basis for the full fiscal year 2013 ending March 31, 2013. The expected impact for the first fiscal quarter and full fiscal year 2013 are subject to completing the accounting for business combinations.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Pursuit acquires Victoria whale-watching operator Eagle Wing Tours
- BioCryst names David Jenkins as chief scientific officer
- Senti Biosciences to spin off SENTI-202 unit in CVR deal
Create E-mail Alert Related Categories
Corporate News, Mergers and AcquisitionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
