NetScout Systems wants to purchase
Network General for $205m, the company said today. The takeover will be the third time the once-leading packet monitoring firm has changed hands, 10 years after McAfee purchased Network General for $1.1bn. I used to work for NGC (formerly Network Associates) for 6 years and Netscout was always perceived as arch rival.
Chronology:
1986: Network General Founded with Sniffer software. 1992: Passes on acquiring Frontier Software Development (which becomes NetScout).
1997: McAfee merges with NG for $1.1bn, renamed Network Associates.
2000: I joined Network Associates. 2003: Silver Lake Partners purchases Sniffer Technologies unit for $275m, renamed Network General (McAfee reverts to previous name as well).2006: I left Network General. 2007: NetScout purchase for $205m.