NETSCOUT Joins OPNFV Project to Help Accelerate Open Source Network Functions Virtualization
Date: Wednesday February 1, 2017
WESTFORD, Mass., February 1, 2017—NETSCOUT SYSTEMS, INC., (NASDAQ: NTCT), a leading provider of business assurance, a powerful combination of service assurance, cybersecurity, and business intelligence solutions, announced today that it has joined the Open Platform for Network Functions Virtualization (OPNFV) project, which facilitates the development and evolution of NFV components across various open source ecosystems through integration, deployment, and testing. As a Silver member of OPNFV, NETSCOUT will provide an important voice in support of the mission to accelerate open source NFV.
“We are extremely pleased to have joined the many distinguished members of the OPNFV project, which is committed to accelerating the transformation of enterprise and service provider networks to a dynamic software-centric platform,” stated Dr. Vikram Saksena, chief solutions architect, NETSCOUT. “As a leading player of security and service assurance technologies, we believe NETSCOUT’s expertise will allow us to make an invaluable contribution to OPNFV. In addition to benefitting the industry as a whole, our customers will also benefit from our participation, as NETSCOUT gains critical insights into leading-edge technologies.”
The OPNFV project, which was launched over two years ago, is composed of 51 member companies who are committed to advancing a flexible, open source framework for NFV.
“Collaboration is key to the success of OPNFV, which is comprised of a diverse member base of global telecom, wireless, vendor, and research organizations that share a common vision for the future,” said Heather Kirksey, director, OPNFV. “We are honored to have NETSCOUT amongst our ranks and look forward to the wealth of knowledge they’ll bring to our community. Service assurance and security are important areas as NFV becomes deployed in real-world networks and we look forward to their contribution in this area.”
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NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) is a leading provider of business assurance – a powerful combination of service assurance, cybersecurity, and business intelligence solutions – for today’s most demanding service provider, enterprise and government networks. NETSCOUT’s Adaptive Service Intelligence (ASI) technology continuously monitors the service delivery environment to identify performance issues and provides insight into network-based security threats, helping teams to quickly resolve issues that can cause business disruptions or impact user experience. NETSCOUT delivers unmatched service visibility and protects the digital infrastructure that supports our connected world. To learn more, visit www.netscout.com or follow @NETSCOUT on Twitter, Facebook, or LinkedIn.
Forward-looking statements in this release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934 and other federal securities laws. Investors are cautioned that statements in this press release, which are not strictly historical statements, including without limitation, the statements related to the benefits to the industry and customers arising from NETSCOUT’s participation in OPNFV, constitute forward-looking statements which involve risks and uncertainties. Actual results could differ materially from the forward-looking statements due to known and unknown risk, uncertainties, assumptions and other factors. Such factors include slowdowns or downturns in economic conditions generally and in the market for advanced network and service assurance solutions specifically; the volatile foreign exchange environment; the company’s relationships with strategic partners and resellers; dependence upon broad-based acceptance of the company’s network performance management solutions; the presence of competitors with greater financial resources than ours and their strategic response to our products; our ability to retain key executives and employees; lower than expected demand for the company’s products and services; and the ability of NETSCOUT to successfully integrate the merged assets and the associated technology and achieve operational efficiencies. For a more detailed description of the risk factors associated with the company, please refer to the company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2016 and the company’s subsequent Quarterly Reports on Form 10-Q, which are on file with the Securities and Exchange Commission. NETSCOUT assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
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