Boston, MA - Capstone Partners LLC, a national investment banking advisory firm, announced that it has successfully advised OPNET Technologies, Inc. (NASDAQ: OPNT), a leading provider of management software for networks and applications, on its purchase of a source code license from RadView Software, Ltd. (OTC BB: RDVWF.OB). RadView technology helps companies verify the integrity, performance, and scalability of Web initiatives by testing, detecting, diagnosing, and reporting on application performance throughout the entire development lifecycle. Capstone Partners served as the exclusive financial advisor to OPNET on this transaction.
The license and distribution agreement entered into by the parties provides to OPNET a non-exclusive, non-royalty-bearing, perpetual source code license for RadView’s WebLOAD and WebFT products. In addition, RadView will provide limited engineering support services for a set period of time for the purpose of assisting OPNET with the use of the source code as well as training services for OPNET's support personnel.
WebFT is a robust, Web-centric testing solution that efficiently verifies the functional accuracy of Web applications and ensures applications perform as expected.
WebLOAD allows for the testing of performance and scalability of Web applications to ensure that applications can handle the demands of actual usage once they are deployed. As such, WebLOAD can model and anticipate the real-life demands on applications.
Tim Harned, Capstone Managing Director, stated, “This transaction furthers OPNET’s strategies relating to applications and provides OPNET with access to leading source code in the area of comprehensive, Web-centric, testing and analysis throughout the application development lifecycle.”
OPNET Technologies, Inc., founded in 1986, is a leading provider of management software for networks and applications. For more information about OPNET and its products, please visit www.opnet.com
RadView Software, Ltd. provides innovative application testing software and services that enable companies to evaluate and measure the performance of their business-critical web applications. RadView’s software allows companies to accelerate the development and deployment of their web applications and enables the successful implementation of their strategies involving their websites.