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Security Profile
- Security Type
- Common Stock
- CUSIP
- 64115T104
- Market Cap
- Large Cap
- IPO
- 8/12/1999 · $11.00/share
Business: NetScout Systems, Inc. is the market leader in service assurance solutions that enable enterprise and service provider organizations to assure the quality of the user experience for business and mobile services. NetScout's technology helps these organizations proactively manage service delivery and identify emerging performance problems, helping to quickly resolve issues that cause business disruptions or negatively impact users of information technology.
Notes: July 16, 2015 -- Danaher Corporation (NYSE: DHR) announced today the final proration factor of 83.2431 percent in its split-off exchange offer for Danaher common stock in connection with the previously announced separation of Danaher's Communications business and merger of Potomac Holding LLC, the Danaher subsidiary holding Danaher's Communications business, with a subsidiary of NetScout Systems, Inc. (NASDAQ: NTCT). The merger of Potomac Holding LLC and a subsidiary of NetScout was completed on July 14, 2015._______________July 14, 2015 -- NetScout Systems, Inc. (NASDAQ: NTCT), an industry leader in service assurance solutions, announced that it has completed the acquisition of Danaher Corp’s (NYSE: DHR) Communications Business. The transaction was valued at $2.3 billion, based on the issuance of 62.5 million shares of NetScout common stock, which closed yesterday at $36.89 per share, to Danaher’s shareholders. Acquiring the Tektronix Communications, Arbor Networks and parts of the Fluke Networks businesses from Danaher Corporation accelerates NetScout’s strategic progress by enabling the Company to offer a broader range of innovative service assurance and cyber security solutions.
Company Contact
- CEO
- Anil K. Singhal
- CFO
- Jean Bua
- Headquarters
- 310 Littleton Road, Westford, MA 01886
- Phone
- 978-614-4000
- Fax
- 978-614-4004
- Investor Relations
- 978-614-4000 · ir@netscout.com