Ontario Teachers, Thoma Bravo to buy Riverbed for $3.6 bln: Reuters

Thoma Bravo LLC and the Ontario Teachers' Pension Plan said they would buy U.S. network equipment maker Riverbed Technology Inc for US$3.6 billion, just over a year after the company's biggest shareholder started agitating for a sale, Reuters reported. Riverbed, whose products boost data speeds on networks, said in October it would explore strategic alternatives.

15 December 2014•1 min read
Feature image
LinkedInXEmail
LinkedInXEmail

Related articles