Source: HotWire

Net Optics Acquires nMetrics and Triplelayer, Deepening Network Insight and Analysis Capabilities While Expanding Global Reach

Acquisition Now Empowers Net Optics to Offer Sophisticated Application and Network Analytics as Part of an Integrated Solution

SANTA CLARA, CA--(Marketwire - Jan 23, 2012) - Net Optics, Inc., the leading provider of Intelligent Access and Monitoring Architecture, today announced its acquisition of Triplelayer, a private Australia-based distributor, and its sister company, nMetrics, a market leader in network and application analysis software. Net Optics now becomes the only provider to offer customers an integrated solution embodying total network visibility along with deep insight, statistics and analysis capabilities. The first solution featuring the companies' combined strengths will be the innovative appTap™. Unique in the industry, the appTap offers unprecedented advanced visibility and analytics for remote and branch offices.

Net Optics and Triplelayer already have an eight-year history of successful joint deployments for some of the world's largest telecommunications providers, financial services firms and enterprises across the Asia-Pacific (APAC) region. Triplelayer has been the primary distributor of Net Optics products in APAC during the past two years.

"Our vision with this acquisition was to help our customers increase network access and consolidate tools to achieve a monitoring architecture that delivers end-to-end visibility and lower cost," said Bob Shaw, CEO of Net Optics. "We also wanted to provide our customers an opportunity to scale their overall network performance and security. By incorporating existing nMetrics technologies into our own solutions, we are able to make advanced technology not only easy to use, but extremely cost-efficient for our customers."

While some companies in the network access and monitoring space provide tapping and aggregation solutions, Net Optics now offers Applications Performance Monitoring as a native component. The acquisition provides Net Optics with additional building blocks for innovating next-generation solutions. Net Optics can now provide customers not only the market's most high-visibility architecture, but vital diagnostics that support security and Service Level Agreements (SLAs), along with improved ROI and higher performance. Net Optics will continue to deliver open Intelligent Access and Monitoring Architecture solutions capable of integration with a broad spectrum of vendor offerings.

"The acquisition of Triplelayer proves that private companies can expand significantly and challenge the current innovations, cost, margins and ROI of big public companies, even without third-party funding," said Net Optics Founder and Chairman of the Board, Eldad Matityahu. "We were looking for an innovative, proven solution that provides customers with a game-changing technology, as well as a company and team that shares our values, strategy and vision. This was that technology and team."

From Triplelayer, Net Optics inherits a talented, experienced staff and a technology that integrates smoothly with the existing Net Optics suite of products for immediate value. The acquisition of Triplelayer Networks allows Net Optics to significantly expand its size, capabilities and revenue stream without ever having raised outside funding. It also allows Net Optics the advantage of being closer to, and more involved in, future innovations as the network visibility and APM markets evolve.

"Effective deployment of network-based packet capture varies based on the ability to properly aggregate network traffic in key locations. The network must be designed with a traffic aggregation layer in place, and must use matrix or specialized network devices in order to get more granular filtering of traffic being sent to the monitoring systems," said Jonah Kowall, Gartner. (End-User Experience Monitoring in APM: Past, Present and Future. Published: 11 January 2012)

Triplelayer founders David Britt and Steven Urquhart will play significant roles at Net Optics, where Britt will lead the charge in product design, innovation and code for APM products across Net Optics. Urquhart will head up all Net Optics sales efforts across APAC. The rest of the Triplelayer team has already been fully integrated.

"We're extremely excited not only to fully integrate our existing capabilities into the Net Optics solutions suite, but to be a continued part of the company's innovation and expansion going forward," said Britt, co-founder of Triplelayer Networks and recently appointed Director of APM Technology at Net Optics. "The familiarity and history of success between Net Optics and Triplelayer offer a competitive edge that will provide an immediate benefit to existing and prospective customers."

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About Net Optics, Inc.
Net Optics is the leading provider of Intelligent Access and Monitoring Architecture solutions that deliver real-time IT visibility, monitoring and control. As a result, businesses achieve peak performance in network analytics and security. More than 7,500 enterprises, service providers and government organizations -- including 85 percent of the Fortune 100 -- trust Net Optics' comprehensive smart access hardware and software solutions to plan, scale and future-proof their networks through an easy-to-use interface. Net Optics maintains a global presence through leading OEM partner and reseller networks.

Contact Information:

PR Contact
Joseph Beare
Eastwick Communications
408-470-4876
netopticspr@eastwick.com