Citigroup Inc. , the bank 27 percent owned by the U.S. government, hired Gregg Sisco from Morgan Stanley as head of network management for the Americas.
Riverbed Technology Inc. has agreed to acquire Opnet Technologies Inc. in a transaction with an equity value of $1 billion, expanding its offerings to help businesses manage computer networks.
Gum Tong owns a diner in Washington, D.C., and Matt Bellinger charters fishing boats in the Florida Everglades. They have this in common: The shutdown of the U.S. government cost them money they will never get back.
Ericsson AB , the world’s largest supplier of wireless networks, said it may acquire network assets in partnership with financial investors.
Ericsson AB, the world’s largest maker of wireless-network equipment, plans to expand its network-management services in Africa as more phone companies outsource the technical side of their business.
Sandvine Corp., which sells Internet network management tools, jumped the most in more than three years after receiving about $6.5 million in follow-on orders from an Asian service provider.