OTPP-backed Riverbed Technology buys Germany's Ocedo
Riverbed Technology Inc has acquired Germany's Ocedo, a provider of software-defined networking and software-defined wide-area-network solutions. No financial terms were disclosed. Riverbed, a San Francisco-based application performance infrastructure company, said the acquisition accelerates its strategy to deliver software-defined networking solutions and creates new opportunities for growth. Last April, Riverbed was taken private by Thoma Bravo and Ontario Teachers’ Pension Plan (OTPP). The deal was valued at about US$3.5 billion.
20 January 2016•4 mins read
