In spite of the recent tech selloff, Elliott Associates is maintaining its $21/share offer for Riverbed ( RVBD ), which was rejected by the company on Feb. 28. Elliott's offer has been viewed by many observers as an attempt to drive
April 15 (Reuters) - Hedge fund Elliott Management reaffirmed its $3.36 billion offer for network gear maker Riverbed Technology Inc, saying it remained "extremely interested" in acquiring the...
discontinuing the product development of its application delivery controller (ADC) technology that it licensed from Riverbed Technology ( RVBD ) for $75 million in 2012. The move is expected to cost Juniper around $85 million in non-cash asset impairment
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year. Product development related to the application delivery controller (ADC) technology Juniper licensed from Riverbed ( RVBD ) for $75M in 2012 is coming to an end. Juniper expects to record an $85M Q1 non-cash charge related to the move. Juniper
A Delaware jury has ruled Riverbed's ( RVBD +0.9% ) bread-and-butter Steelhead WAN optimization hardware infringes two software patents held by rival Silver Peak
Looking to keep shareholders happy as it squares off with Elliott Management, Riverbed ( RVBD -1.2% ) is adding $250M to its buyback program. The program now has available funds of $375M; that's good for repurchasing
Feb 25 (Reuters) - Hedge fund Elliott Management increased its offer for network gear maker Riverbed Technology Inc to $21 per share from $19 and said it would not increase the offer "in the absence...
Riverbed Technology delivered fourth-quarter results and first-quarter guidance that were roughly in line with our expectations, and the firm
Jan 8 (Reuters) - Activist hedge fund Elliott Management Corp offered to buy Riverbed Technology Inc for about $3.08 billion in cash, a move analysts said was likely to trigger higher bids for the...