NetScout Systems Set to Join the S&P MidCap 400; Tidewater to be Added to S&P SmallCap 600

NEW YORK, July 17, 2015 /PRNewswire/ -- S&P SmallCap 600 constituent NetScout Systems Inc. (NASD: NTCT) will replace Tidewater Inc. (NYSE: TDW) in the S&P MidCap 400, and Tidewater will replace NetScout Systems in the S&P SmallCap 600 after the close of trading on Friday, July 24. NetScout Systems recently completed the acquisition of S&P 500 constituent Danaher Corp.'s (NYSE: DHR) communications business making NetScout Systems' post transaction market capitalization more representative of the mid-cap market space. Tidewater has a market capitalization more representative of the small-cap market space.

NetScout Systems designs, develops, manufactures, markets, licenses, sells, and supports network, application, and service assurance solutions.  Headquartered in Westford, MA , the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Communications Equipment Sub-Industry index.

Tidewater provides offshore service vessels and marine support services. Headquartered in New Orleans, LA, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Equipment & Services Sub-Industry index.

Following is a summary of the changes:

Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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For more information:

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+1) 212 438 3907
[email protected] 

David R. Guarino
Communications
S&P Dow Jones Indices
(+1) 212 438 1471
[email protected]

SOURCE S&P Dow Jones Indices

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