Napatech and Netscout Enter Strategic Collaboration Agreement

14 Apr 2023 14:35 CEST

COPENHAGEN, Denmark – April 14, 2023 – Napatech™ (OSLO: NAPA.OL), a leading
provider of programmable Smart Network Interface Cards (SmartNICs) used for
infrastructure processing (IPU) and data processing (DPU) in cloud, enterprise,
and telecom datacenter networks, today announced that it has entered into a
strategic collaboration agreement with NETSCOUT (NASDAQ: NTCT), a global leader
in performance management, cybersecurity, and DDoS protection solutions. The
agreement and associated $7.5M USD investment will expand and accelerate
Napatech’s technology and product development in the rapidly growing SmartNIC
market.

The companies benefit from a successful, long-term relationship that includes
Napatech SmartNIC hardware and software solutions, which help improve the
performance of Netscout’s applications. Napatech’s expertise and scale has
routinely been leveraged by Netscout to meet the demanding requirements of
Netscout’s market-leading solutions. The financial investment by NetScout
signifies its confidence in Napatech’s future product and technology innovations
and the SmartNIC market at large.

“We´re honored to extend our relationship with Netscout, from customer and
partner to investor,” said Henrik Brill Jensen, Chief Executive Officer at
Napatech. “Netscout is a proven industry leader reshaping how network and
datacenter operators manage and secure their networks. Their expertise will help
define our future direction, and their investment helps us to build upon our
leadership position in our fast-growing market.”

For more information on the financial transaction, please see the investor
information previously disclosed on February 17, 2023, at:
https://newsweb.oslobors.no/message/582817.

About Napatech
Napatech is the leading supplier of SmartNIC solutions used in cloud,
enterprise, and telecom datacenters. Through commercial-grade software suites
integrated with high-performance hardware, Napatech accelerates network
infrastructure and security workloads to deliver best-in-class system-level
performance while maximizing the availability of server compute resources for
applications and services. Additional information is available at:
www.napatech.com.

About NETSCOUT
Netscout protects the connected world from cyberattacks and performance and
availability disruptions through the company’s unique visibility platform and
solutions powered by its pioneering deep packet inspection at scale technology.
Netscout serves the world’s largest enterprises, service providers, and public
sector organizations. Learn more at www.netscout.com or follow @NETSCOUT on
LinkedIn, Twitter, or Facebook.

No Forward-Looking Statements
This press release may contain forward-looking statements which are only
predictions and may differ materially from actual future events or results due
to a variety of factors, including but not limited to, business conditions,
trends in the industry and markets, global economic and geopolitical conditions,
macro-economic factors, and other risks and uncertainties set forth in
Napatech’s reports. The matter discussed in this release is based on current
expectations and may be subject to change. Napatech will not necessarily update
this information.

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For Napatech For Netscout
Jarrod J.S. Siket Maribel Lopez
Chief Marketing Officer Corporate Communications
+1.724.799.4763 +1.781.362.4330
jjs@napatech.com maribel.lopez#@netscout.com

More information:
Access the news on Oslo Bors NewsWeb site

587681_Napatech and Netscout Enter Strategic Collaboration Agreement.pdf