Netscout Systems has divested its handheld network test (HNT) tools business to StoneCalibre, a private equity firm based in Los Angeles. Financial terms were not disclosed.
NETSCOUT will work toward a smooth transition for customers, partners, contractors and suppliers by collaborating with StoneCalibre to provide a variety of services across a range of functional areas over the next several months as StoneCalibre completes its carve-out of HNT as a standalone company in its portfolio.